trump sold the lease to CGI Merchant Group.
They are removing the trump name and will brand it as a Waldorf Astoria.
According to financial records trump lost 70 million dollars while he owned the lease when he was in office. Despite the lies from trump saying he made tens of millions of dollars.
He wasn't supposed to make any money off that property from foreign nations while president. But trump took the money from foreign nations anyway.
It's an interesting article. Enjoy the read.
The Trump Organization has reached a deal with the investment fund CGI Merchant Group to purchase the lease for the Trump International Hotel in Washington, D.C., for $375 million, according to a person familiar with the matter.
www.wcvb.com