Trump Hotel Foreclosure Auction

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former Trump Hotel

Benzinga

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The Trump Hotel in Washington, D.C. has been sold to BDT & MSD Partners for $100 million

Summary

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71% Informative

The leasehold interest in the hotel was sold for $100 million .

The Waldorf Astoria is located in the Old Post Office building, which is owned by the government but has a 100-year lease with the Trump Organization .

BDT & MSD Partners is the merchant bank owned by Warren Buffett’s banker Byron Trott and billionaire Michael Dell .

The current high-interest-rate environment has created an incredible opportunity for income-seeking investors to earn massive yields, but not through dividend stocks... Certain private market real estate investments are giving retail investors the opportunity to capitalize on these high-yield opportunities.

The Ascent Income Fund from EquityMultiple targets stable income from senior commercial real estate debt positions.

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formal

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English

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not offensive

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