| Insidb said: A REIT or a partnership could and would buy the assets; he would then be compensated through the financing deal, through which he would have no material interest in the performance of the original asset. The "fire sale" aspect betrays an unfamilairity with the NY RE market, and other assets could easilt be collateralized into an SPV and sold to any of the potential aforementioned. If any assets were sold at a loss, I would suspect they are currently overvalued (which is and has been his wont). Finally, his total net worth is only about $4B, which is not substantial and not wholly comprised of his RE portfolio. SL Green, for context is worth $10.6B and is comprised wholly of its RE portfolio. The Russia thing is not a conspiracy theory; I addressed this elsewhere, but I actually built the Trump Soho, work with his business associates, and have been the NY RE and financial industries for about 10 years now. The question is not if the conflict of interest exists; it's to what degree does it exist. Also, it takes only a little bit of research to corroborate these ties, and someone else has already done so in this very thread. There are many studies like this, and they behoove you to decouple criminal behavior from criminal prosecution: https://www.psychologytoday.com/blog/psyched/201304/the-rich-are-differently-moral The founding fathers almost universally ended up in debt, because they were not out to enrish themselves. The office of the presidency pays $500K/year, which is 10 times the median household income in the US. Post-presidency, most presidents can make that amount for an hour or two of speaking. As far as indebtedness is concerned here, you should be more concerned about who has invested with Trump (including PACs) and what they expect of him or (worse yet) what he owes them: http://www.nytimes.com/2016/11/26/us/politics/donald-trump-international-business.html |
There are very few REIT's who could immediately absorb 3+ billion dollars in terms of real estate assets alone and the companies that can are usually much larger. There are very few as it is that can buy Trump's real estate empire but there's even fewer among those want to buy his property specifically ...
You work with Trump's partners ? I've done tons of research already and I haven't got a single clue of where his financial ties with Russia lies and even after fine-tooth combing his financial disclosure form, I couldn't see any assets located from Russia or liabilities listed by Russian specific creditors so that is why I'm almost certain that the Trump and the Russia connection is mostly a conspiracy theory ... (Not even the FBI found any links between Trump and Russia! If Trump does have russian connections then he must be very good at hiding it otherwise I don't see it.)
Trump's business is indebted to a bunch of private corporations but I don't think they were betting him to win the presidency like most markets did so what Trump owes is cash and not his ears so I'm not worried right now ...
A president should NEVER have to be in negative equity otherwise their creditor's obligations will get in the way of governance. Equity represents an individual's power and having less of it is NOT ideal for ANYONE no matter what ...
