Agency overseeing Trump's D.C. hotel lease approves plan to sell to Miami investment fund

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A federal government agency has approved the sale of former President Trump's luxury hotel near the White House to a Miami investment fund.

Friday to hand the keys to a Miami investment fund, a last hurdle to a sale that many industry experts doubted would ever go through.

One of Trump’s sons overseeing the business, Eric Trump, declined to comment aside from confirming that the green light from the feds was the last condition to closing the deal.Government ethicists have long criticized Trump for opening the hotel to lobbyists, diplomats and others who may have wanted to influence policy. The hotel has been at the center of several lawsuits and investigations, including one by the House Oversight Committee.

When the new deal is finalized in the coming weeks, the new owners plan to strip the Trump name off the facade and turn the 263-room hotel into a Waldorf Astoria under a separate agreement struck with Hilton, the owner of that luxury brand.

 

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It’s stupid that these new investors paid what they did for Trump’s white elephant.

He is going to need the money for legal fees and bribes...

He leased it. It wasn never his. This is how you perpetuate the myth that Trump is a billionaire. He isn’t. Never was. Never will be.

Palm Beach minority owned financial firm.

The federal government agency overseeing the building said an “extensive and exhaustive” review found no problem? Just like everything else brought against Trump!

OK? Still obsessed with Trump I see

so it's paid forby rubles right?

You Mean Oligarchs

Cool. Who’s behind the Miami investment fund again?🤔

Hope they change the name!

Do they think giving him money, will make him go away Autocrats don’t go away they allow you to let them recharge

How about selling off the rest of his belongings and holdings and giving a new home that has thick metal bars AKA (jail).

I wonder what he up to this time?

Is that Miami investment firm paying with US dollars or worthless russian rubles?

I guess the foreign bribes dried up.

Why I thought the mortgage for this lease was acquired with false financials...

👀

You mean Russian oligarchs?

We'll never learn how to play hardball.🤦🏾‍♀️

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