"Fun fact: If Hotel Espionage was worth $1.8 billion, bond companies across the globe would be lining up to loan Donnie the money. But they aren’t, because musty Mar-a-Lago is worth a measly $18,000,000 — which will soon be seized by the state of New York (and will only cover less than 10% of his fraud judgement)." Trump MELTS DOWN Over Bond Companies' REFUSAL To Lend Him Cash, by @DashDobrofsky thegenzperspective.com/p/trump-melts-…
@LorraineEvanoff No. It's worth well over 18mil. But definitely less that 2bil.
@LorraineEvanoff I hope he's forced to sell the Chicago hotel. That sign is a stain on the city.
@LorraineEvanoff To get more than 18 or so, it would take a lot of complicated, time consuming maneuvers, re-zoning, etc . They aren’t going to take the time or energy to maximize the value.
@LorraineEvanoff 40 Wall Street is about $220 million, I think. 🤔
@LorraineEvanoff i've seen those ubiquitous TV commercials about the hotel room perfumes which copy the scents of famous hotels. Hard to copy stale beer, cheap cigar smoke and recent sex so they couldn't emulate Mar-a-Lago.
@LorraineEvanoff Ms E little mentioned fact anywhere. Traditionally as you know RE developers leverage assets while taking cash out via loans non taxable refis etc. In The Stinky Dons case all those valuations are fraudulently overvalued. So the tax bite due on sale makes him unbankable.
@LorraineEvanoff I’d love to see that happen. Sounds too good to be true.🤞🏽