Trump hotel in D.C. nears lease sale deal, could become a Waldorf Astoria, per report

Trump hotel in D.C. nears lease sale deal, could become a Waldorf Astoria, per report
·3 min read

The Trump Organization is reportedly close to a deal to sell the lease to its Trump International Hotel in downtown D.C. According to The Wall Street Journal, the former president’s company is in talks with CGI Merchant Group of Miami to sell the hotel lease for more than $370 million. The Trump Organization leases the property, the former Old Post Office, from the federal government in an agreement that extends for nearly 100 years.

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