The Trump Organization announced Wednesday it had closed on a $375 million sale of Trump International Hotel, a magnet for both lobbyists and ethics scrutiny during the Trump administration. The Trump International Hotel in Washington, D.C., will reportedly be renamed after a Miami-based investment group takes control of the property on Pennsylvania Avenue. Key Points. Former President Donald Trump’s family hotel company has reached a deal to sell the rights to its Washington, D.C., hotel for $375 million, The Wall Street Journal reported.... CNN — The Trump Organization has reached a deal with the investment fund CGI Merchant Group to purchase the lease for the Trump International Hotel in Washington, DC, for $375 million, according... The lease to the Washington, D.C., hotel run by Donald Trump's family company while he was president, has been sold by his family company to a Miami-based investor fund. Donald Trump's one-time property inside the Old Post Office has reopened as a Waldorf Astoria, with chef José Andrés back on board to open a restaurant. WASHINGTON — The Trump International Hotel in Washington is now officially out of business after the Trump family on Wednesday completed its sale to a Miami investor group, which plans to... The lease to the Washington, D.C., hotel run by Donald Trump's family company while he was president, a symbol of his power to Republicans and of corruption to his critics, has been sold by... The Trump International Hotel is a newly redeveloped property that transformed the iconic Old Post Office Pavilion in Washington, DC into a luxury hotel preserving and enhancing the building’s historic features.
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