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Keyword: encap

Trump takes over controlling interest in EnCap

11/22/2007 1:39:14 PM PST · by Coleus · 12 replies · 372+ views
northjersey.com ^ | November 7, 2007 | JOHN BRENNAN

Real estate mogul Donald Trump said Wednesday he has signed a deal to take over the Meadowlands EnCap golf and housing project, bailing out the struggling development. Trump promised a “spectacular” project that would be “the finest of its kind anywhere in the world.” “I’m a miracle worker,” Trump said. Trump's talks with a bank syndicate connected to the project were first reported in Wednesday’s editions of The Record. The deal, described as a “binding term sheet,” is subject to approval by the New Jersey Meadowlands Commission. It calls for a luxury golf course and a combination of housing, office,...

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