Trump Organization to sell Washington DC hotel in $375m deal – reports
by Martin Pengelly in New York from on (#5RY3W)
Hotel, which opened in 2016, lost $74m between that year and 2020 according to documents, and will likely be renamed
The Trump Organization has reportedly agreed on a $375m deal to sell its hotel near the White House in Washington DC.
The Wall Street Journal first reported the long-in-the-offing deal, with CGI Merchant Group, a real estate investment firm from Miami.
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