Trump Soho & Drake Hotel Deals

  • Macklowe originally bought site for $418 Mil
  • Macklowe took out loans of $543 Mil
  • Deutsche Bank filed to foreclose on $482 million in loans in August 2008
  • iStar Financial tried to sell a $224 million first position debt for $160 million, but could not find a buyer in 2009

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Freelance journalist, wendyusa@protonmail.com https://twitter.com/WendySiegelman https://www.patreon.com/WendySiegelman

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Wendy Siegelman

Wendy Siegelman

Freelance journalist, wendyusa@protonmail.com https://twitter.com/WendySiegelman https://www.patreon.com/WendySiegelman

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