He didn't take over BofA, he refinanced an old loan (the new one being in the form of a bond). He was already part owner of the building, along with Vornado Realty Trust which owns the majority.
and Trump takes over the BofA building in Pelosi's back yard???
I found this...
Statement by Donald J. Trump, 45th President of the United States of America - 05/19/21
A loan of $1.2 billion has closed on the asset known as the Bank of America Building (555 California Street) in San Francisco, CA. The interest rate is approximately 2%. Thank you!
The N.Y. "investigation" may involve claiming that Trump overstated the value of his assets to get a loan. Here he is, getting a huge loan on part of a building.
DJT is a massive holder of Vornado, as well.
Rather, he used to be before he got elected. Whether he was forced to divest or not, IDK... but I'm betting if he did, it was a mere ownership paper shuffle, not a sale of his stake.
I'm sure John Miller or that Mexican investor il Donaldo would have bought him out.
He didn't take over BofA, he refinanced an old loan (the new one being in the form of a bond). He was already part owner of the building, along with Vornado Realty Trust which owns the majority.
https://www.dailymail.co.uk/news/article-9598615/Trump-announces-taken-1-2B-loan-against-Bank-America-skyscraper.html
This is EPIC!!!
I found this...
https://www.donaldjtrump.com/news/statement-by-donald-j-trump-45th-president-of-the-united-states-of-america-05.19.21-4
Go to qagg.news and type two # signs and the post number
https://qagg.news/?read=555
So I'm a bit confused, what exactly does this mean?
Bank FOR America ??
The N.Y. "investigation" may involve claiming that Trump overstated the value of his assets to get a loan. Here he is, getting a huge loan on part of a building.
Wow, oh wow!
DJT is a massive holder of Vornado, as well.
Rather, he used to be before he got elected. Whether he was forced to divest or not, IDK... but I'm betting if he did, it was a mere ownership paper shuffle, not a sale of his stake.
I'm sure John Miller or that Mexican investor il Donaldo would have bought him out.