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Sale of Trump’s D.C. hotel on hold as commercial real estate industry reels

JacksinPA

JacksinPA

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https://www.washingtonpost.com/business/2020/03/31/trump-dc-hotel-sale/

Commercial real estate owners including the president likely to see tax benefits from stimulus package but sales stagnate

The commercial real estate industry has ground nearly to a halt due to coronavirus shutdowns, forcing buyers and sellers of major properties, including President Trump’s company, to put their plans on hold. Trump’s firm, which he still owns, has had to press pause on the proposed sale of its D.C. hotel lease due to the market’s collapse as potential buyers wait for banks and investors to return normal operations.

The company’s sales representative, Jeffrey Davis of JLL, confirmed to The Washington Post that the proposed sale of Trump’s lease to the federally owned Old Post Office Pavilion has been set aside as the industry recovers.
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Trump’s clubs and hotels, including Mar-a-Lago, suffer from coronavirus fallout. As of Monday, seven of the Trump Organization’s 10 top-grossing properties were closed.

The company has now laid off more than 550 workers at its hotels.
 
Oh dear. I do hope all his businesses haven’t gone bust by the time he’s voted out in November.
 
Decypher said:
Oh dear. I do hope all his businesses haven’t gone bust by the time he’s voted out in November.
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typical leftist wishing death and destruction on people. leftist make me puke.

what will destroy this great country? leftists
 
ludin said:
typical leftist wishing death and destruction on people. leftist make me puke.

what will destroy this great country? leftists
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A nineteen word post and you use the word leftist three times. Inarticulacy will destroy the nation more swiftly than the fantasies of your fevered mind.
 
Decypher said:
A nineteen word post and you use the word leftist three times. Inarticulacy will destroy the nation more swiftly than the fantasies of your fevered mind.
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unlike you i don't wish death and destruction on people. more so simply for having different opinions.

i feel sorry for people like you that grew up to sheltered and feel so insignificant about themselves that they wish harm to other people.

i have to wonder what type of mental abuse a person had to go through to develop a sociopathic type mentality that most leftist have.

this would be an interesting study.
 
ludin said:
unlike you i don't wish death and destruction on people. more so simply for having different opinions.

i feel sorry for people like you that grew up to sheltered and feel so insignificant about themselves that they wish harm to other people.

i have to wonder what type of mental abuse a person had to go through to develop a sociopathic type mentality that most leftist have.

this would be an interesting study.
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Awww looks like your little feelings got hurt because I made a joke about Trump’s hotels. Your sad tantrum reveals more about you that you project onto me. I do hope you’re in that Trumpist circle jerk private group so you can run off to a safe space, sweetheart.
 
I'm curious. Why is it so important to the left, that Trump's businesses don't get the same help other business owners are getting? I mean other than the usual hatred.
 
mrdeltoid said:
I'm curious. Why is it so important to the left, that Trump's businesses don't get the same help other business owners are getting? I mean other than the usual hatred.
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Well Trump does like Russian money

Jared his from the ME

Ivanka - China-

They got it covered
 
Decypher said:
Oh dear. I do hope all his businesses haven’t gone bust by the time he’s voted out in November.
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He might win New York as fast as those folks are dropping
 
mrdeltoid said:
I'm curious. Why is it so important to the left, that Trump's businesses don't get the same help other business owners are getting? I mean other than the usual hatred.
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I was only joking with my comment. While I think it’s wrong Trump exploited his position by accommodating secret service agents at his hotels and then charging the taxpayer, I don’t actually want his businesses to fail. All his employees at these hotels and resorts are blameless and just as affected by the lock down as the rest of us and I hope they have jobs to go back to when all this is over.
 
Drawdown said:
He might win New York as fast as those folks are dropping
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Fingers crossed enough people die in NYC to turn the state red.
 
mrdeltoid said:
I'm curious. Why is it so important to the left, that Trump's businesses don't get the same help other business owners are getting? I mean other than the usual hatred.
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Because he's made how many millions off being president? If he didn't have forethought to save , tough crap...he doesn't get access to 500 billion to dole out and include his businesses in the mix...had he not been president that would be different
 
mrdeltoid said:
I'm curious. Why is it so important to the left, that Trump's businesses don't get the same help other business owners are getting? I mean other than the usual hatred.
Click to expand...
Golf courses should not receive any help. You can argue for hotels, but not golf courses.

Sent from my Honor 8X
 
ludin said:
typical leftist wishing death and destruction on people. leftist make me puke.

what will destroy this great country? leftists
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What has already destroyed this once great country? Thin-skinned and greedy conservatives.
 
Thoreau72 said:
What has already destroyed this once great country? Thin-skinned and greedy conservatives.
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capitalism is why this country has accelerated at the pace that it has.
it is the one reason that we are all better off in our life than what we were.

So as usual you are wrong.
 
ludin said:
capitalism is why this country has accelerated at the pace that it has.
it is the one reason that we are all better off in our life than what we were.

So as usual you are wrong.
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I am and have always been a strong supporter of capitalism.

What we have today is not capitalism in the classic sense. What we have today is crony capitalism, capitalism run amok to the point of fascism.
 
Thoreau72 said:
I am and have always been a strong supporter of capitalism.

What we have today is not capitalism in the classic sense. What we have today is crony capitalism, capitalism run amok to the point of fascism.
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Fascism is the choice of leftist not republicans.
it is the only way they can force all their social rules.

again you prove yourself to be wrong.
 
ludin said:
Fascism is the choice of leftist not republicans.
it is the only way they can force all their social rules.

again you prove yourself to be wrong.
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Sure it is! And Bill Clinton did not have sexual relations with that woman! :lol:
 
mrdeltoid said:
I'm curious. Why is it so important to the left, that Trump's businesses don't get the same help other business owners are getting? I mean other than the usual hatred.
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It's not that his holdings should not get some relief. It's that he and others have written into the bill advantages that are designed to help them specifically.

( He even urged people last week to get out and play a round of golf.)
 
Thoreau72 said:
Sure it is! And Bill Clinton did not have sexual relations with that woman! :lol:
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you can lie to yourself all you want. you don't need fascism to support capitalism.
it 100% is required to enforce socialism.

compliance must be at 100%.
 
ludin said:
you can lie to yourself all you want. you don't need fascism to support capitalism.
it 100% is required to enforce socialism.

compliance must be at 100%.
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Follows is the definition of "fascism" from a 1984 Webster's New Riverside Dictionary. If you don't mind, I prefer to ground my discussions on the subject on that definition rather than the pronouncements of an internet poster. Thanks.

"A philosophy or governmental system marked by stringent socioeconomic control, a strong central government usually headed by a dictator, and often a belligerently nationalistic policy." 2. Oppressive, dictatorial control.
 
Thoreau72 said:
Follows is the definition of "fascism" from a 1984 Webster's New Riverside Dictionary. If you don't mind, I prefer to ground my discussions on the subject on that definition rather than the pronouncements of an internet poster. Thanks.

"A philosophy or governmental system marked by stringent socioeconomic control, a strong central government usually headed by a dictator, and often a belligerently nationalistic policy." 2. Oppressive, dictatorial control.
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exactly which is what it takes to run socialism not capitalism.
capitalism depends on free markets and the delivery of goods to market by free enterprise
socialism and communism 100% depend on stringent socioeconomically control.
 
JacksinPA said:
https://www.washingtonpost.com/business/2020/03/31/trump-dc-hotel-sale/

Commercial real estate owners including the president likely to see tax benefits from stimulus package but sales stagnate

The commercial real estate industry has ground nearly to a halt due to coronavirus shutdowns, forcing buyers and sellers of major properties, including President Trump’s company, to put their plans on hold. Trump’s firm, which he still owns, has had to press pause on the proposed sale of its D.C. hotel lease due to the market’s collapse as potential buyers wait for banks and investors to return normal operations.

The company’s sales representative, Jeffrey Davis of JLL, confirmed to The Washington Post that the proposed sale of Trump’s lease to the federally owned Old Post Office Pavilion has been set aside as the industry recovers.
========================================================

Trump’s clubs and hotels, including Mar-a-Lago, suffer from coronavirus fallout. As of Monday, seven of the Trump Organization’s 10 top-grossing properties were closed.

The company has now laid off more than 550 workers at its hotels.
Click to expand...

And remember, he's going to run america like he runs his businesses.
 
Another way to put it is that fascism is socialism for corporations.

When the treasury is used to fund public health and education it's called socialism--the people benefit.

When the treasury is used to fund corporate agendas, like endless war brought under fraud, when it is used to "bail out" corporations for their poor business management history, it's called fascism.

Real capitalism means that poor business management practices are punished by the market. Failure is failure.
 
JANFU said:
Well Trump does like Russian money

Jared his from the ME

Ivanka - China-

They got it covered
Click to expand...

Like I said, other than the usual hatred.
 
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