Wasn't Trump seeking a $500 million profit on the sale

[Under The Radar]

Of the Trump International Hotel lease? Perhaps trying to shore up all of his immediate debt in one single swoop?

[soothsayer]

1. I kind of like the analysis that shows it's more like $1B he's on the hook for

[Under The Radar]

3. Could be more than that, if he has paid off anything from what he's collected so far

Saudi Arabia bailed out Kushner properties out of their 666 fifth Ave default for $500 million. Saw a report where Trump a Org has boomed $1.9 billion in revenue in the last 3 years. Has he not put any of that back on his debts? Why hasn’t he prepared for this day when his taxes are exposed?

[Gothmog]

2. Yes

That transaction fell apart due to trump's incompetence in dealing with the COVID crisis

[Under The Radar]

4. He wants some of that Tictoc profit$$

[OAITW r.2.0]

5. Well, thanks to the Trump virus, commercial real estate values are collapsing.

I read a post here yesterday that the valuation has dropped by 27% overall. Seems like Trump's portfolio would not be immune to this collapse. And maybe more so, given the brand's name effect on any business wanting a Trump location address.. Without Russian/Saudi $ pumping in on a continuous basis, he'd be homeless. After he loses, his financial backers will have no further use for him.