The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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From: Elroy Jetson	11/14/2019 10:47:59 AM
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In its effort to sell off the lease to the Trump International Hotel in Washington, the Trump Organization has put together a glossy investor brochure citing the "tremendous upside potential that exists for a new owner to fully capitalize on government related business while Donald Trump is in the White House." A person familiar with the matter told the Wall Street Journal that the Trump Organization is hoping to get more than $500 million for the property, or about $2 million per room key (the sales price divided by the number of rooms) -- which would be one of the highest prices ever paid for a hotel in Washington.

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