Things aren’t looking better across the ten other golf clubs Trump owns in the United States. These properties—which include the president’s three most-frequented courses, in West Palm Beach, Washington, D.C., and Bedminster, New Jersey—brought in $100.2 million last year, down from $101.5 million in 2017.
. Trump is set to make monthly payments at a 4.5% interest rate to Professional Bank, a small Florida bank, until 2048.In January 2018, a company owned by the president sold property in the Caribbean nation for $3.2 million. The land was likely tied to Cap Cana, a resort area where Trump once inked a deal to license his brand to a community of luxury oceanfront properties.
Yet Trump apparently held onto a parcel of land there for years, and the deal appeared to be back on around the time Trump took office. Eric Trump traveled to Cap Cana in February 2017 and even posed for a photo with his former partners. “We are excited to be working with the Trump Organization in the future phases of the project,” the former partners said in
That is very interesting And informative. Once he leaves office will his business recover🤔🤔🤔
Can report on what other golf courses have done in the past few years as a comparison? Golf has been in decline for many years. Rounds played are down sharply and millennials aren’t picking up the slack from aging retirees. (Local CT courses are way down in revenues)
What ever the drop off in “ usual business “ I’m sure will be balanced out courtesy of the American taxpayer to trumps pals. We used to call it graft. I guess it’s now business as usual.
We know, Trump is bad at business.
Omg shut up! Who cares? Let him do his job and get out of the way! Trump2020
No worries look at Obama, Clinton , Bush they all make coin when they r out of office
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Source: Forbes - 🏆 394. / 53 Read more »