Trump International Hotel Update 04/30/20

Trump Organization in Talks with Federal Government over Delaying DC Hotel Rent 

In recent weeks, the Trump Organization is looking to change lease plans for the 263 room Trump Hotel in DC in the federally owned Old Post Office Building. The 60 year lease was signed in 2013, and the company pays almost $268,000 in rent each month. Eric Trump told the New York Times that the Trump Organization is looking to be treated as any other business that leases from the federal government during the global pandemic. 

The company is also in talks with Deutsche Bank in regards to delaying payments on its $300 mil in loans connected to the DC hotel and other properties.

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