Putting a value on Mar-a-lago is kind of like putting a value on Babe Ruth's rookie card - It's value is whatever someone would be willing to pay for it and how much it would take to convince the current owner to sell. Example - how much did Musk pay for Twitter? 44-billion. No way it's assets where worth that much...but that's what it took for him to buy it. As far as a bank giving a loan against it as collateral - that's on the bank to figure out what they're willing to lend.
Putting a value on Mar-a-lago is kind of like putting a value on Babe Ruth's rookie card - It's value is whatever someone would be willing to pay for it and how much it would take to convince the current owner to sell. Example - how much did Musk pay for Twitter? No way it's assets where worth that much...but that's what it took for him to buy it. As far as a bank giving a loan against it as collateral - that's on the bank to figure out what they're willing to lend.
It's value is whatever someone would be willing to pay for it and how much it would take to convince the current owner to sell. Example - how much did Musk pay for Twitter? No way it's assets where worth that much...but that's what it took for him to buy it.