DESIGN BY FORBES. PHOTOS: PHOTO BY JABIN BOTSFORD/THE WASHINGTON POST VIA GETTY IMAGES, RICKY CARIOTI/THE WASHINGTON POST, GEORGE ROSE/GETTY IMAGES, GETTY CREATIVE.hether or not Donald Trump wins the election, lenders will expect his businesses to pay back an estimated $900 million in the next four years, an alarmingly accelerated timetable that involves more than twice as much debt as the president.
The president has two mortgages, totaling $125 million, against his Miami golf resort. Both come due in 2023.The rest of the loans are held against 1290 Avenue of the Americas in Manhattan and 555 California Street in San Francisco, office buildings in which the president has a 30% limited partnership interest. Those properties currently have a combined $1.5 billion in debt against them, and Trump’s indirect share of their liabilities adds up to an estimated $447 million.
Those same kinds of questions would likely complicate the decision-making around every expiring loan in the president’s portfolio. About a year after the debt against 555 California Street matures, the loan against Trump Tower is scheduled to be due, on September 6, 2022. The president borrowed $100 million against that property in 2012, and he has been paying only interest on it since then. But about two years into his potential second term, his lenders will be expecting a fresh $100 million.
But that’s when things will get really complicated. By 2023, the Trump Organization will have to figure out what to do about the Deutsche Bank mortgages against Trump National Doral, the Miami golf resort, which total $125 million. It won’t be easy to sell the property—certainly not for theestimates the place is worth only $153 million today.
DanAlexander21 No more Putin to bail him out. Putin is not likely to spend money on a useless idiot
DanAlexander21 I see about 15 negative Trump stores for every positive Biden story. Forbes is part of the fake news Democrat propaganda arm ?
DanAlexander21 9x the yikes 😳😬
DanAlexander21 I am sure either the loan will magically disappear or the payoff will magically happen. It’s a small amount after his presidency.
DanAlexander21 But yet Joe is the one using his office to make money
DanAlexander21 Negative Billionaire (TM)
DanAlexander21 Trump should cut corrupt deals like the Bidens.
DanAlexander21 😳 he’s not even talking a paycheck.
DanAlexander21 OK 900 million in debt so far
williamlegate DanAlexander21 He's not going to be able to pay them anyway. But if he's voted out, it will certainly force him into bankruptcy.
DanAlexander21 Joe Biden is a national embarrassment President Trump did more for Americans in 47 months than Joe Biden did in 47 years EXCEPT Joe Biden made himself & Biden's family members MULTI MILLIONAIRES off of US Taxpayers
DanAlexander21
DanAlexander21 No one can predict how the world might change. China’s Regime might collapse, become a democratic country. India might be thriving with great investment opportunities. 2024 is too far away in this chaotic world. Don’t try to create waves for Democrats.
DanAlexander21 And he wants the American People to pay for it. You can bet if he gets re-elected the American People will pay for it.
DanAlexander21 The headlines in this thread make Forbes sound like they’re about as business savvy as the writers at teen magazine! Forbes sounds genuinely pathetic here. There’s no story. All that’s necessary is some refinancing. The secretaries can handle that!
DanAlexander21 Sounds just like many other corporations in America. It’s not newsworthy.
DanAlexander21 In another four year term, which is a joke all in itself. Where will Trump get that kind of money to repay whoever he owes? Which Peter will he STEAL from to Pay back many Paul's or one Putin? WHO DOES HE OWE AND FOR WHAT?
DanAlexander21 National Security Threat?
DanAlexander21 Sounds like a good debt to asset ratio 👍
BlackBag1 DanAlexander21 A debt he will no doubt find a way to pass on to the taxpayer just as he has made the United States the defendants in E.G. Carroll’s defamation suit against him.
DanAlexander21 Pretty sure he already has it handled. First it was 20 million, then it was 400 million, and now it was 900 million. He must have been borrowing money from a loan shark.
DanAlexander21 Maybe he can get a loan from CrookedJoeBiden
DanAlexander21 Have the Biden’s refuted or denounced the allegations? Silence does not equate innocence. This story deserves to be reported, discussed and investigated. Corrupt and biased media publishers like Twitter, employ corrupt and biased fact checkers. This is Orwellian in nature..
DanAlexander21 You make it sound like it´s a huge deal! It´s only business! His enterprise made $1.9 billion the last two years in rent and licensing etc. What are his properties worth? It´s like having a mortgage on a house, nothing weird what so ever.
DanAlexander21 Election2020 Mobbing Homelessness CBRNE(S) POTUS v JoeBiden Q from Sweden EUClimateAction. I've talked to banks about tax returns.Very high risk loans TD_Canada RBC JustinTrudeau fordnation CNBC WSJ business WorldBank PsychToday PHIAtweets
DanAlexander21 How about Biden getting money illegally from Ukraine and China! That should be your story! Biden is a criminal!
DanAlexander21 No worries he’ll just sell the White House or capital building for cash to the saudis. Wink wink.
DanAlexander21 Morally bankrupt
williamlegate DanAlexander21 Want s to get re- ,elected so the loans can be forgiven in exchange for favours but to who?
DanAlexander21 Looks like you’ve got a lot on your plate realDonaldTrump. How about you just go off somewhere (preferably a penitentiary) to sell your magic (GoyaFoods) beans and leave the sorting out of our country bit to those of us who care about it?
DanAlexander21 TRUMP 2020
DanAlexander21 threadreaderapp please unroll
andyroddick DanAlexander21 Some say criminal organizations are flush with cash 💰 Who knew?
DanAlexander21 I love corrupt bankrupt presidents
DanAlexander21 Karma will be coming for all of them...
DanAlexander21 🤔
DanAlexander21 Will financiers drop the loans of he is not re-elected? Your tweet appears to suggest so. 🤣
williamlegate DanAlexander21 More importantly, it’s still due if he’s not re-elected, which if you ask me is far more delicious.
DanAlexander21 Breaking: multi billionaire took out a loan and has to pay it back to the bank. Do none of you have mortgages ? Cause I have multiple loans that are due at some point 🙄
DanAlexander21 Not sure anyone in this thread, including DanAlexander21, have any idea how leverage works in real estate development & investing. I encourage you to educate yourselves so you stop sounding so silly. ☮️
DanAlexander21 failed
The president would likely have to engage in a series of high-stakes transactions that could produce unfathomable conflicts of interest. by DanAlexander21
DanAlexander21 Under levered loans on real-estate assets. Surprised Forbes doesn’t know what a mortgage is. How much favours does the Biden family owe to its Chinese and Ukrainian Oligarch handlers?
DanAlexander21 False!!! His business will have that much of loans, not him!! Totally different!!
DanAlexander21 Sell few properties and thats it.
DanAlexander21 Fake news!
DanAlexander21 And it will also be due, of course, should he fail in his re-election bid! ;)
DanAlexander21 Tell us how Forbes. Do some kind of business research for once!
DanAlexander21 The only politician who loses money by being in politics. Most of them get unbelievably rich in “public service.” Tells you all you need to know. Trump2020
DanAlexander21 Does mean to imply that debts’ due date depends on election? johnemcintyre
DanAlexander21 Wonder if that’ll make him do lines off an underaged girl 🤔
DanAlexander21 Go, Trump! USA must keep on being great!
DanAlexander21 If the president of the USA owes, the country is in jeopardy.
DanAlexander21 Who owns this debt? How much of a national security risk is this. How will he pay? Would Trump sell US secrets to pay off the debt? whoownstrump
DanAlexander21 It’s mortgages and you know it. Any responsible reporter would put that and the asset value in the headline!
DanAlexander21 From Russia
DanAlexander21 You thought the fence around the White House was to keep protesters out. Think again!
And
DanAlexander21 TrumpIsAFraud & needs to be VoteThemAllOut ! TrumpIsBroke TrumpTaxReturns TrumpTaxCheat realDonaldTrumpis a COWARD! COVID19 BlueHour VoteBlueToEndThisNightmare VoteBlue
DanAlexander21 Dear Forbes, he too has been a bizman like Bezos and Elon. Snap out of hate..Ever wrote something about Sleepy Biden's son?
DanAlexander21 Who does he owe money to?
DanAlexander21 Wow, dude who can't stop bragging about money.. is actually flat fucin broke!!
DanAlexander21 Well he’s a billionaire soooo
DanAlexander21 WHY do LITTLE CHINESE GIRLS......RUN in TERROR when they see HUNTER?
DanAlexander21 He is a businessman, billionaire, and merchant who knows how to make money from countries friendly to the United States of America and common political interests realDonaldTrump
DanAlexander21 He is a real-estate billionaire. He buys a bunch of properties using loans. He will always be paying people back
DanAlexander21 !!!Please look at this matter!!! Siyona who is just 12 months have suffered from spreading spinal muscular atrophy and the drug that can save her cost humongous $2.1million for one injection. So please chip something in link below down. And please share🙏
DanAlexander21 Mexico will pay for it.
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