- Sep 19, 2011
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President Trump defends the true value of Mar-A-Lago in this tweet:
"I've been defrauded with the judge that ruled that a property is worth $18 million when in fact it's worth over a billion, probably a billion and a half."
Now you anti-trumpers, ignorant of market value believe Trump is lying.
FACTS folks:
A nearby vacant lot (2.3 acres) is for sale on Zillow for $200 million," John LeFevre, a former investment banker who created the Goldman Sachs Elevator social media account, wrote alongside a screengrab of the listing. "Mar-a-Lago sits on 17 acres, with waterfront on both sides."
He added: "The primary point is this: The lending bank is required to get a valuation from a third party to cover its LTV calculation. No one had an issue with any of this. Everyone made money...Until an activist [District Attorney] came along decades later," a reference to Letitia James, who brought the case.
Multiply 17 acres X $100,000,000 equals $1,700,000,000.
FACTS folks..Even the judge is saying...
“Please, press, stop saying that I valued it at $18 million,” Engoron pleaded, as the trial kicked off in Manhattan Supreme Court in New York Attorney General Letitia James’ $250 million lawsuit against the former president, the Trump Organization and sons Eric Trump and Donald Trump Jr.
So why does the biased MSM still insist that the Judge valued at $18 million??
BIASED MSM at play. Again as I wrote yesterday ABC NEVER ONCE mentioned anything of the above regarding the value of Mar-A-Largo! If 2 acres goes for $200 million????
"I've been defrauded with the judge that ruled that a property is worth $18 million when in fact it's worth over a billion, probably a billion and a half."
Now you anti-trumpers, ignorant of market value believe Trump is lying.
FACTS folks:
A nearby vacant lot (2.3 acres) is for sale on Zillow for $200 million," John LeFevre, a former investment banker who created the Goldman Sachs Elevator social media account, wrote alongside a screengrab of the listing. "Mar-a-Lago sits on 17 acres, with waterfront on both sides."
He added: "The primary point is this: The lending bank is required to get a valuation from a third party to cover its LTV calculation. No one had an issue with any of this. Everyone made money...Until an activist [District Attorney] came along decades later," a reference to Letitia James, who brought the case.
How much is Mar-a-Lago worth? Valuation of Trump property raises questions
The disparity between the former president's valuation of his Florida estate and that of a local assessor has prompted speculation as to its true worth.
www.newsweek.com
FACTS folks..Even the judge is saying...
“Please, press, stop saying that I valued it at $18 million,” Engoron pleaded, as the trial kicked off in Manhattan Supreme Court in New York Attorney General Letitia James’ $250 million lawsuit against the former president, the Trump Organization and sons Eric Trump and Donald Trump Jr.
Judge at Trump civil fraud trial implores media to stop saying he valued Mar-a-Lago at $18M
A judge deciding Donald Trump’s fate in a $250 million civil fraud case implored the media to stop saying he valued Mar-a-Lago at $18 million.
nypost.com
BIASED MSM at play. Again as I wrote yesterday ABC NEVER ONCE mentioned anything of the above regarding the value of Mar-A-Largo! If 2 acres goes for $200 million????