Sources close to the deal demanding anonymity to discuss the private transaction have said the price for the lease sale was $375 million.
The lease to the Washington hotel run by Donald Trump's family company while he was president has been sold to a Miami-based investor fund.
The Trump Organization said on Wednesday that it has completed the sale of rights to run the Trump International Hotel to CGI Merchant Group of Miami for what it described as a record price per room for the city. Sources close to the deal demanding anonymity to discuss the private transaction have said the price was $375 million.
The hotel had been a magnet for lobbyists and GOP politicians during Trump's presidency as well as controversy and lawsuits. The new owners plan to rebrand the building a Waldorf Astoria. Many hotel brokers, owners and consultants did not expect the 263-room hotel near the White House to fetch such a high price, the Associated Press reported. The hotel lost more than $70 milllion during the four years of Trump’s presidency, including in each year before pandemic shutdowns.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Trump Organization Completes $375 million Sale of D.C. HotelThe lease to the Washington hotel run by Donald Trump’s family company while he was president has been sold to a Miami-based investor fund.
Consulte Mais informação »
Chicken Soup To Acquire DVD Kiosk Merchant Redbox In $375 million Deal For Sagging SPACAmid stock market turmoil, Chicken Soup for the Soul Entertainment will slurp up ailing DVD kiosk merchant Redbox Entertainment.
Consulte Mais informação »
Tom Brady gets monster 10-year, $375 million deal from Fox SportsIt is the largest contract in sportscasting history, as it more than doubles both CBS’ Tony Romo and ESPN’s Troy Aikman in average annual salary of $18 million per season.
Consulte Mais informação »
Tom Brady lands reported $375 million deal as NFL on FOX lead analystTom Brady is going to be on our screens on NFL Sundays for the rest of time. That’s a little over the top but closer to accurate than not. Brady retired and then just as quickly unretired to play...
Consulte Mais informação »
Trump Organization Completes $375 million Sale of D.C. HotelThe lease to the Washington hotel run by Donald Trump’s family company while he was president has been sold to a Miami-based investor fund.
Consulte Mais informação »
Trump sells D.C. hotel lease to Miami investment groupRecord-setting price will allow Trump to pay off $170 million loan to Deutsche Bank. The property will become a Waldorf Astoria hotel.
Consulte Mais informação »