JLL backs out of selling Trump’s DC hotel?

Curious to hear why they are backing out of this? Is it because they don't want the reputational risk in light of current events involving Trump?

https://therealdeal.com/national/2021/01/08/jll-b…

5 Comments
 

Just read the article, Jesus, last time I heard it was $1MM and I was laughing it off, now it's $2MM, and the ground lease is only 60 years? What kind of shitty deal is that? I don't see anyone buying this except for foreign money who crave for the name and address.

 

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