In what seemed like a stroke of genius–or incredible luck–Donald Trump sold his money-losing D.C. hotel in 2022 and ended up with a handsome $127 million payday. But what few knew is that in order for that deal to happen, Trump had to step in with a loan. So when the lease’s new owner got into trouble financially, he took a hit too. Forbes staff writer Zach Everson joins "Forbes Talks" to discuss.
Read the full story on Forbes: https://www.forbes.com/sites/zacheverson/2024/09/10/donald-trump-hotel-washington-dc-lost-millions-waldorf-astoria-hilton/
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