The CEO of a luxury real estate firm claimed in an interview Thursday that former President Trump's home of Mar-a-Lago could potentially be sold for hundreds of millions of dollars as he tries to pay a nine-figure bond in his civil fraud case. 'Mar-a-Lago, potentially, that could be something that could be sold quickly,' Brown Harris Stevens CEO Bess Freedman told CNN Thursday.
' Trump and his legal team have appealed and requested a stay on his $464 million civil fraud judgment. On Monday, his lawyers said that 'ongoing diligent efforts have proven that a bond in the judgment’s full amount is a ‘practical impossibility,’' amid attempts to approach about 30 surety companies. The lawyers said the 'enormous magnitude' of the bond requirement, which effectively requires cash reserves approaching $1 billion, is 'unprecedented for a private company.