Coronavirus shutdowns added to the trouble. Revenue at the company's biggest golf property, the Doral outside of Miami, plunged $33 million in the two years through 2021, down 44%, according to financial records obtained by a government ethics agency.rush to exits as Trump's longtime commercial office broker, his two biggest lenders, the PGA of America and others cut ties.
One of its biggest commercial tenants, Gucci, decided last year to extend its Trump Tower lease for another 16 years, according to financial documents from commercial lending research firm Trepp. The Trump Tower loan follows other deals to refinance mortgages on a building in San Francisco and for a Sixth Avenue tower in New York, both 30% owned by the Trump Organization and 70% owned by publicly traded real estate giant Vornado.
Source: Loan Digest (loandigest.net)
If we could treat Trump the way we treat Russia now, maybe we'd have some justice.
Instead of buying the framing of this AP story, why not investigate this shady deal? Start with money-laundering cloud over Axos.
Gives an idea how political all the attacks are on the Trump business. KPBS as a member of the propaganda ministry must be disappointed.
Fake news, Trump won.
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