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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThere are new signs that @realdonaldtrump's private company is facing sharp business declines.
There are new signs that @realdonaldtrumps private company is facing sharp business declines. In Chicago, profits at the Trump hotel have plummeted 89% in just 3 yrs.
Link to tweet
SWBTATTReg
(22,144 posts)sacto95834
(393 posts)moonscape
(4,673 posts)doesn't have his presidency to prop up enough to suffer only an 89% profit decline.
Hard to wait.
leftieNanner
(15,127 posts)May be on the auction block sooner than we think.
Brother Buzz
(36,445 posts)Since their father's inauguration, they have sold off $110 million of the president's real estate holdingsthrough more than 100 tiny transactions that have mostly flown under the radar.
Methinks they are struggling to meet all their loan obligations that are coming due.
https://www.forbes.com/sites/danalexander/2019/10/02/donald-trump-has-sold-more-than-100-million-of-real-estate-since-taking-office/#6616b4361090
delisen
(6,044 posts)who the real buyers are?
Brother Buzz
(36,445 posts)For all I know, they are trading titles to blind LLC's, or whatever, for cash. All I can surmise is they are strapped for cash.
lagomorph777
(30,613 posts)lagomorph777
(30,613 posts)I'll bet they're having some sleepless nights.
Good.
RT Atlanta
(2,517 posts)This is a good start and I am hopeful that soon enough that name will be so toxic that no one will touch it with a 10' pole.
delisen
(6,044 posts)lagomorph777
(30,613 posts)lunatica
(53,410 posts)People are getting fed up with them. Less inclined to kiss their asses because they arent producing any beneficial returns.
Wellstone ruled
(34,661 posts)is doing the Appraisals on his Properties. My guess is,Moscow Don. Remember Micheal Cohen saying the value of Trump Properties varied form one day to the next depending on which Bank was hit up for a loan.