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In 2015 dollars it was $200 million. Trump later sold the beautiful project to the Waldorf Astoria for $350 million. Now considering buying it back for $300 million
It’s absolutely beautiful. America is the luckiest country on earth to receive a new much-needed ballroom space for the White House built and donated by no other than Donald Trump. It’s going to be traditional in design and amazing. A govt cheese federal project is typically butt ugly, cheap looking, over budget and way over schedule for a dull result. Not this time.
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The one Trump had a fraud trial over?
https://apnews.com/article/trump-fraud- … 9bf70fd5bb
"$126.8 million, plus interest, in profit from selling the Trump International Hotel in Washington in May 2022 to a company that now operates it as a Waldorf Astoria. Trump used $170 million of the $375 million to pay off a loan on the property. Other proceeds went to his children."
https://www.forbes.com/sites/danalexand … as-it-did/
"Trump Thought His D.C. Hotel Would Bring In Twice As Much Money As It Did"
https://finance.yahoo.com/news/lender-t … 58335.html
"Lender takes control of Trump’s former DC hotel for $100M at a foreclosure auction"
Everything Trump touches turns to shyt.
"CGI Merchant Group, the Miami-based investment firm that purchased the leasehold interest for $375 million just two years ago from the former president, has lost the property due to a default on its $285 million loan."
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If you do business with any Trump, you deserve to lose everything. Everyone knows that. That's why the Trumpies are all in on crypto because it is 100% fraud. They want the US banking system to be destroyed and the dollar to be destroyed and advocate constantly for both. They hate America with a passion.
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He’s considering buying it back & making a profit
It’s a very beautiful building
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Spankywrote:
The one Trump had a fraud trial over?
https://apnews.com/article/trump-fraud- … 9bf70fd5bb
"$126.8 million, plus interest, in profit from selling the Trump International Hotel in Washington in May 2022 to a company that now operates it as a Waldorf Astoria. Trump used $170 million of the $375 million to pay off a loan on the property. Other proceeds went to his children."
https://www.forbes.com/sites/danalexand … as-it-did/
"Trump Thought His D.C. Hotel Would Bring In Twice As Much Money As It Did"
https://finance.yahoo.com/news/lender-t … 58335.html
"Lender takes control of Trump’s former DC hotel for $100M at a foreclosure auction"
Everything Trump touches turns to shyt.
"CGI Merchant Group, the Miami-based investment firm that purchased the leasehold interest for $375 million just two years ago from the former president, has lost the property due to a default on its $285 million loan."
Another fuqing bankruptcy.
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