Trump's real-estate empire pays the price for his poisonous politics

[Moonglow]

Trump is a jaded man and it is Trump's fault for doing to himself what he has done no one else is at fault.

 

[DrLove]

Some estimates are that the loans coming due from foreign bans may be as much as $800 million.. plus his legal fees.

I'll give it two years before he defaults on everything and declares personal bankruptcy.

 

[Correll]

What does that have to do with Trump's businesses failing and his loans coming due?

It had to do with the Mac-7 post I was responding to.


BUT your behavior is a good example of what I mean.


Right here, to ask your question, you had to pretend to be so retarded, that you did not understand teh concept of me REPLYING to the post I was REPLYING to.


Now, this is where you DEMONSTRATE my point about libtard behavior, by not even addressing my point about your actions and words.


Thus showing HOW IN YOUR OWN MIND, YOUR OWN WORDS, ARE NOTHING BUT SHIT TO BE IGNORED.

 

[Correll]

Trump is a jaded man and it is Trump's fault for doing to himself what he has done no one else is at fault.

Trump ran for office on a fairly normal platform. His policies during his administration were all mainstream and restrained.


That the left has generated this fantasy of him... being radical, is not his fault.


It is a fault of the filthy liars that told the lies.

 

[jknowgood]

I do believe that you liberals are losing more sleep over this than what Trump has.
just an observation

Just think how they are going to react when he gets reelected, and I hope he takes his salary this time.

 

[Meathead]

As we know, Donnie has several hundred million coming due with Deutsche Bank in the next couple years. He'll likely default and he personally signed on those loans. Nobody else wants to loan him money either, and that will make him even more toxic. So about the only way he continues to make money is grifting off his the MAGA-hatters, most of whom can't afford to stay at his properties. Eventually the sheep will be fully fleeced. Couldn't have happened to a nicer guy.

<snips>

Trump’s business brand was once synonymous with wealth and success, an image that now clashes sharply with a political brand rooted in the anger of his largely rural and working-class voter base. His presidency is now associated in the minds of many with its violent end, as supporters stormed the U.S. Capitol on Jan. 6.​

​

Prospective tenants in New York are shunning his buildings, one real-estate broker said, to avoid being associated with Trump. Organizers of golf tournaments have pulled events from his courses.​

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Financial records show Trump’s real-estate business has declined. Income from the family’s holdings, heavy on golf courses and hotels, took a beating during 2020 amid the coronavirus pandemic. Revenues at his Las Vegas hotel, for instance, fell from $22.9 million in 2017 to $9.2 million during 2020 and the first 20 days of 2021, according to Trump’s financial disclosures.​

​

The damage to Trump’s business image started early in his presidency. One consultant for Trump, arguing in a 2017 public hearing for a lower tax bill at his Doral golf resort, said Trump’s politics had damaged his business model.​

​

In Trump’s home base of New York, the Trump name has become increasingly toxic. One high-profile property, the Trump SoHo hotel in lower Manhattan, was rebranded the Dominick in 2017. New York City in January canceled his leases on a golf course, two Central Park skating rinks and a carousel.​

​

After the Jan. 6 U.S. Capitol riots, some of Trump’s large tenants, including the Girl Scouts and a nonprofit called TB Alliance, said they were exploring whether they could get out of their leases. One commercial real-estate broker says many prospective tenants won’t consider the building because Trump’s name is on it.​

​

“Most New York tenants want nothing to do with it, and that’s been the case for five years now,” said Ruth Colp-Haber, who said she has placed seven clients in the building over the years, but can’t interest anyone now. “It’s the biggest bargain going, but they won’t look at it.”​

​

The Doral resort and Washington hotel, along with a hotel in Chicago, are secured by about $340 million in loans from Deutsche Bank AG(DBKGn.DE), Trump’s biggest lender. But the bank has no appetite for more business with Trump and has no plans to extend the loans after they come due in 2023 and 2024, a senior Deutsche Bank source told Reuters.​

Full:

Insight: Trump's real-estate empire pays the price for poisonous politics

Former U.S. president Donald Trump’s slashing rhetorical style and divisive politics allowed him to essentially take over the Republican Party. His supporters are so devoted that most believe his false claim that he lost the 2020 election because of voter fraud.

www.reuters.com

Just how scared are you, say on a level from 1 to 10?

 

[Indeependent]

Probably because they didn't try to overthrow the election with mob violence.

Just trespassers.

 

[Moonglow]

Trump ran for office on a fairly normal platform. His policies during his administration were all mainstream and restrained.


That the left has generated this fantasy of him... being radical, is not his fault.


It is a fault of the filthy liars that told the lies.

Trump was polarizing the minute he was sworn in don't tell me about how his image was created by anyone but Trump himself.

 

[Moonglow]

Just trespassers.

Sure buddy just trespassers and sight seers...That tried to deter a process in the nation's Capitol building...It was just a game of shitz and giggles. I know you don't care about the USA but for some reason I do care about normal operations of govt. functions to continue the uninterrupted actions of existence.

 

[whitehall]

Current events? Why can't lefties let go of their hatred for the former president and deal with real current events?

 

[Meister]

I have never liked Trump, and never will.

Nothing wrong with that, and it's your right to feel that way.
But it doesn't make Trump a bad person

 

[Indeependent]

Trump was polarizing the minute he was sworn in don't tell me about how his image was created by anyone but Trump himself.

How was he polarizing?
Show some videos in-context even though you can’t.

 

[Moonglow]

Nothing wrong with that, and it's your right to feel that way.
But it doesn't make Trump a bad person

No it doesn't, Trump makes Trump a bad person. Have you ever recognized that fact?

 

[Moonglow]

How was he polarizing?
Show some videos in-context even though you can’t.

I don't care to prove to you what you can't see..

 

[Indeependent]

I don't care to prove to you what you can't see..

Thanks for proving you’re a liar.

 

[Indeependent]

No it doesn't, Trump makes Trump a bad person. Have you ever recognized that fact?

Maybe you’re a bad person; you’re definitely a frustrated comedian.

 

[Meister]

No it doesn't, Trump makes Trump a bad person. Have you ever recognized that fact?

I recognize that I don't agree with YOUR OPINION.
And you would never agree with MY OPINION.

 

[Correll]

Trump was polarizing the minute he was sworn in don't tell me about how his image was created by anyone but Trump himself.

Trump crafted his platform to serve teh interests of working class white Americans.


That is taboo in our society. That racist libs flipped out, is on them. They are responsible for THEIR actions, not TRump.

 

[Meister]

Trump crafted his platform to serve teh interests of working class white Americans.


That is taboo in our society. That racist libs flipped out, is on them. They are responsible for THEIR actions, not TRump.

Very true.

Trump did put America first
I don't understand why they vote for a party that does not have America First.
Look how they bend over backwards for outsiders, taxing the Americans to pay for
the illegals coming across and turning their backs on what is going on within our borders.
China, Russia, and the Middle East, before America. And these lefties are good with that.

 

[DrLove]

Just how scared are you, say on a level from 1 to 10?

Scared no - Concerned yes. If he runs again and manages to steal it by hook or by crook, our very young democratic republic and experiment in self-governance is over.