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Home / Business / Trump’s financial situation: The president’s real estate debt is $1.1 billion, of which $400 million will mature within four years

Trump’s financial situation: The president’s real estate debt is $1.1 billion, of which $400 million will mature within four years



Donald Trump has debts worth $1.1 billion and will owe $900 million during his second presidential term if he wins the election, according to a report.

He said that the huge sum of money was related to his commercial real estate and golf courses. Financial Times.

According to reports, in the next two years, the President will loan US$285 to the Avenue of the Americas Building in New York and US$162 million to the California Street Building in San Francisco.

Trump’s debt is almost twice the size of his proposal when he ran for the White House. Forbes.

He said his assets are estimated at 3.66 billion U.S. dollars, which will bring the president̵

7;s net wealth to about 2.5 billion U.S. dollars. Forbes

Mr. Trump also has $257 million in loans against Trump’s property, which are packaged and sold to a commercial mortgage-backed securities trust.

Trump also owes his largest bank lender Deutsche Bank US$340 million.

according to New York Times, Information about the president’s tax was released last month, and both the National Doral in Miami and the International Hotel in Washington are losing heavily.

The president also provided $25 million in loans to four smaller banks and an asset manager.

The loan is a mortgage on the Trump family property in the suburbs of New York and Palm Beach, Florida.

They also provided loans to Trump Golf Courses in New Jersey and Washington, DC, and a residential building in New York City.

Trump also owes $50 million in debt to the Trump International Building and the hotel in Chicago.


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