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Trump could profit $100M in DC hotel sale

1 month ago   |   By The Real Deal New York

Donald Trump's exit from his Washington, D.C., hotel could net him a nine-figure payday. The former president could score a profit of more than $100 million from the sale of Trump International in the nation's capital, according to the Washington Post. CGI Merchant Group was reported last month to be in contract to buy the hotel lease for $375 million. Experts told the outlet the Old Post Office building's historical significance, the hotel's unique position
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Trump could rake in over $100 million in profits by selling his DC hotel for the highest price in the city's history

1 month ago   |   By Business Insider

The Trump International Hotel is seen though security fencing on June 02, 2021 in Washington, DC. Kevin Dietsch/Getty Images
Trump is poised to sell his lease on the Old Post Office, which houses the Trump International Hotel.
He could rake in more than $100 million in profits from the $375 million sale.
The hotel, which opened in Oct. 2016, lost more than $70 million during Trump's four years in office.
Former President Donald Trump's company is poised to sell its lease on Washington, DC's Old Post Office, which houses the Trump International Hotel, for a record-breaking $375 million...
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