Posted on 02/20/2024 5:33:54 PM PST by Red Badger
Mar-a-Lago is worth $325 million. Impressive.
It’s worth more than that...............
“Trump bought Mar-a-Lago in 1985 for about $10 million. Today, it’s worth $325 million, Forbes reported, and Trump owns it free and clear. “
Didn’t the judge in the fraud case value Mar a Lago at $18 million and used that as the basis for determining that Trump engaged in fraud?
I wonder how much just his name used by business enterprises on buildings is worth!
Doesn’t include his international properties
Mark Simone,a great NYC talk show host,says that Mar-A-Lago is worth close to a billion.
Scotland?
.
Scotland and I think he has one in Ireland
Yep!.................
From a NY Post article:
"In his decision, Engoron — who is deciding the trial rather than a jury — cited a local Palm Beach County official saying the country club had been assessed at a range of between $18 million and $27 million between 2011 and 2021.
In the same decision, Engoron rejected Trump’s expert’s valuation that the Florida estate was worth $1.5 billion, finding the expert’s opinion “unexplained and unsubstantiated ‘dream[s.]'”"
Nope. It’s only worth $16 million. A prosecutor in New York said so and a judge in New York confirmed it so it must be true.
“Today, it’s worth $325 million, Forbes reported, and Trump owns it free and clear.”
And on the tax rolls at $16 million.
It’s the only place that everyday Americans (who can afford it) can dine or stay on the same premises as a former president.”
LOL
Mar-A-Lago is a private club. Initiation is $200,000 with a $14,000 annual fee.
A Palm Beach official? No issues there!!
Far more.
Indeed.
“It’s the only place that everyday Americans (who can afford it) can dine or stay on the same premises as a former president.”
Some of the “ordinary citizens”:
Bill Belichick
Bill Koch
Howie Carr
“In 1994, Carol Management sold a majority stake in the resort to KSL Recreation, a Kohlberg Kravis Roberts affiliate focused on premier golf facilities, for approximately $100 million”
“In February 2012, the Trump Organization purchased the Doral Resort & Spa out of bankruptcy for $150 million. The property’s name was then changed to Trump National Doral. Trump began a $250-million renovation of the resort in 2013, which was completed in 2016. The purchase and renovation were financed with $125 million in loans from Deutsche Bank.”
“Trump’s purchase included four of the five golf courses”
“The fifth, the ‘Great White Course,’ was excluded from the sale because of its high potential for redevelopment. Instead, it was sold, along with the other bankrupt properties, to GIC, a creditor in the case. GIC sold the course in 2016 for $96 million to two homebuilders: Lennar and CC Homes.”
https://en.wikipedia.org/wiki/Trump_National_Doral_Miami
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