{"id":131944,"date":"2016-11-06T17:34:20","date_gmt":"2016-11-06T17:34:20","guid":{"rendered":"http:\/\/hill-kleerup.org\/blog\/2016\/11\/06\/aaaaand-another-trump-property-goes-bankrupt.html"},"modified":"2016-11-06T17:34:20","modified_gmt":"2016-11-06T17:34:20","slug":"aaaaand-another-trump-property-goes-bankrupt","status":"publish","type":"post","link":"https:\/\/hill-kleerup.org\/blog\/2016\/11\/06\/aaaaand-another-trump-property-goes-bankrupt.html","title":{"rendered":"Aaaaand … another "Trump" property goes bankrupt"},"content":{"rendered":"

Granted, this wasn't one he or his businesses directly owned. Instead, it was built licensing his name on the building and on various businesses within. But like so many other Trump properties — branded or owned — it turns out to have been much less than a stellar success.<\/p>\n

'Launched with great fanfare by Donald Trump and his offspring four years ago, only 44 of 118 condo units have been sold. The hotel occupancy rate is low, and room rates for the hotel have fallen by 30 percent, according to court documents.<\/i><\/p>\n

[…] Trump went into a business relationship with developer Talon International, Inc., controlled by Russian steel magnate Alex Shnaider. Shnaider is known for such touches as hiring Justin Bieber to serenade his 16-year-old daughter at her Sweet Sixteen party, Politico reported Thursday.<\/i><\/p>\n

JCF Capital, ULC, recently purchased the construction loan on the four-year-old building. It claims that Talon International, and related companies, have defaulted since 2015 on making payments.'<\/i><\/p>\n

Oh, look, and another Russian connection.<\/p>\n

Just an additional something to remember when Trump touts his business acumen and how he'll apply that to the American economy.<\/p><\/blockquote>\n

\n
\n
\n<\/a>
\nThe 65-story Trump Tower in Toronto goes belly-up and into receivership<\/a><\/span>
\nThe Trump Organization leased its name, and agreed to manage, a 65-story hotel in Toronto, developed by a firm controlled by a Russian steel magnate. The hotel-condo, the largest in Canada’s biggest city, has gone into receivership.\n<\/p><\/blockquote>\n

View on Google+<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Granted, this wasn't one he or his businesses directly owned. Instead, it was built licensing his name on the building and on various businesses within. But like so many other Trump properties — branded or owned — it turns out to have been much less than a stellar success. 'Launched with great fanfare by Donald … Continue reading “Aaaaand … another "Trump" property goes bankrupt”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[106],"tags":[],"class_list":["post-131944","post","type-post","status-publish","format-standard","hentry","category-plusposts"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":130938,"url":"https:\/\/hill-kleerup.org\/blog\/2016\/06\/22\/nice-work-if-you-can-get-it-2.html","url_meta":{"origin":131944,"position":0},"title":"Nice work, if you can get it","author":"***Dave","date":"Wed 22-Jun-16 11:57pm","format":false,"excerpt":"A substantial proportion of Trump's campaign spending so far ... has gone to various Trump enterprises. The spend is apparently legit -- but it's rather ... convenient that his campaign helps subsidize his business interests.'Trump-linked businesses account for 17% of all campaign expenses to date. He's paid almost $11 million\u2026","rel":"","context":"In "~PlusPosts"","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":132073,"url":"https:\/\/hill-kleerup.org\/blog\/2016\/11\/20\/the-profitable-presidency.html","url_meta":{"origin":131944,"position":1},"title":"The Profitable Presidency","author":"***Dave","date":"Sun 20-Nov-16 9:17am","format":false,"excerpt":"Hey, it's good to own a major hotel in the middle of DC. Especially when diplomats and other folk doing business with the President think the best first step is to literally do business with the President and his corporate assets.Do I have a problem with Donald Trump making money?\u2026","rel":"","context":"In "~PlusPosts"","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":132124,"url":"https:\/\/hill-kleerup.org\/blog\/2016\/11\/29\/will-this-conflict-of-interest-bite-trump-on-the-butt.html","url_meta":{"origin":131944,"position":2},"title":"Will this conflict of interest bite Trump on the butt?","author":"***Dave","date":"Tue 29-Nov-16 10:25am","format":false,"excerpt":"Trump insists that, as president, he can have no \"conflict of interest.\" He means that legally, but he states it as though it applies ethically as well. Unfortunately for him, it may not apply contractually.Donald Trump's business is leasing the Post Office Pavilion in Washington as the Trump International Hotel\u2026","rel":"","context":"In "~PlusPosts"","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133862,"url":"https:\/\/hill-kleerup.org\/blog\/2017\/07\/16\/the-self-funding-president.html","url_meta":{"origin":131944,"position":3},"title":"The Self-Funding President","author":"***Dave","date":"Sun 16-Jul-17 10:09am","format":false,"excerpt":"Everyone's still sick of political campaigns -- except Donald Trump. He refiled for 2020 within a week or two of winning in 2016, and his campaign has been busy, busy, busy.\u275d Donald Trump\u2019s campaign operation raised nearly $14 million between the start of April and the end of June of\u2026","rel":"","context":"In "~PlusPosts"","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138711,"url":"https:\/\/hill-kleerup.org\/blog\/2019\/05\/08\/trump-hates-that-whole-checks-and-balances-thing.html","url_meta":{"origin":131944,"position":4},"title":"Trump hates that whole “Checks and Balances” thing","author":"***Dave","date":"Wed 8-May-19 11:41pm","format":false,"excerpt":"Having defied the Legislative branch, now he's decided to hobble the Judicial branch","rel":"","context":"In "~Tweets"","block_context":{"text":"~Tweets","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/tweets"},"img":{"alt_text":"trump cpac 2019 flag","src":"https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2019\/03\/trump-cpac-2019-flag.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2019\/03\/trump-cpac-2019-flag.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2019\/03\/trump-cpac-2019-flag.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2019\/03\/trump-cpac-2019-flag.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":134748,"url":"https:\/\/hill-kleerup.org\/blog\/2017\/09\/18\/course-donald-trump-wants-military-parade-4th-july.html","url_meta":{"origin":131944,"position":5},"title":"Because OF COURSE Donald Trump wants a military parade on the 4th of July","author":"***Dave","date":"Mon 18-Sep-17 3:43pm","format":false,"excerpt":"I mean, if the Russians (and even the French!) do it, why wouldn't Donald want to have a big military parade of his very own? Imagine, all the tanks, and soldiers, and missile carriers, and APCs, and jeeps, and more soldiers, and everyone saluting him at the review stand. It\u2026","rel":"","context":"In "~PlusPosts"","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2017\/09\/unnamed-23.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/131944","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/comments?post=131944"}],"version-history":[{"count":0,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/131944\/revisions"}],"wp:attachment":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/media?parent=131944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/categories?post=131944"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/tags?post=131944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}