Donald Trump: Real Estate King
Just imagine, a man this rich thinks 'times are hard'. What does that say for the small time Real Estate owner or even those who are yet still to own their first home?
Donald Trump: Real Estate King (Hover)
International Level: International Guru / Political Participation: 3231 100%
Condo owners in Panama tell Trump: You're fired!:
During the four years that Trump Panama
Condominium Management LLC had managed the property, Central America's largest building, a team installed by the Trump family was accused of running up more than $2 million in unauthorized debts, paying its executives undisclosed bonuses and withholding basic financial information from owners. Ref. Source 7z
Anyone can secretly buy one of hundreds of luxury condos from President Trump's companies, USA TODAY investigation finds
A review of property records nationwide shows that President Trump's companies own more than 400 condos, penthouses and home lots whose sale could allow people, companies or foreign interests to steer millions to Trump businesses. Properties can also be sold to anyone without the public knowing who they are. Ref. USAToday.
The majority of real estate sales by President Trump's companies over the last year were to shell companies obscuring buyers' identities, a USA TODAY investigation found. USA TODAY's review of every real estate sale found that in the past 12 months, about 70% of buyers of Trump properties were limited liability companies. That compares with about 4% of buyers in the two years before he won the GOP nomination. Source 1n.
Trump sold $35M worth of real estate in 2017, most of it to secretive buyers. President Trump's companies sold more than $35 million in real estate in 2017, mostly to secretive shell companies that help hide buyers' identities, continuing a dramatic shift in his buyers' behavior that began during the election, a USA TODAY analysis has found. Ref. USAToday.