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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (163856)10/20/2020 8:56:32 AM
From: Snowshoe  Read Replies (1) | Respond to of 218578
 
Another looming problem for DJT....

Trump Will Have $900 Million Of Loans Coming Due In His Second Term If He’s Reelected
forbes.com

Whether or not Donald Trump wins the election, lenders will expect his businesses to pay back an estimated $900 million in the next four years, an alarmingly accelerated timetable that involves more than twice as much debt as the president previously indicated. In order to emerge unscathed, Trump will likely have to engage in a series of high-stakes, big-money transactions—deals that could produce arguably the biggest conflicts of interest that an American president has ever had to face.

About half of the debt coming due from the start of 2021 to the end of 2024 is secured against assets that the president and his children own outright. He will have to pay back loans against his hotel in Washington, D.C., his golf resort in Miami and his tower in Chicago. He’ll also have to sort out the debt against Trump Tower and Trump Plaza in New York City.

The rest of the loans are held against 1290 Avenue of the Americas in Manhattan and 555 California Street in San Francisco, office buildings in which the president has a 30% limited partnership interest.