I grew up in New York. Trump NEVER made the top 20 list of Power Players in New York City real estate in the past 60 years. Nobody living near NYC thinks of Trump when NYC real estate top developers are mentioned. For example... The 20 biggest power players in New York City real estate https://nypost.com/2015/06/23/the-20-biggest-power-players-in-new-york-city-real-estate/ New York’s 10 most successful real estate developers https://www.thegentlemansjournal.com/article/new-yorks-10-successful-real-estate-developers/
no he only owns two or three buildings with his personal guarantee, others are managed by him using his “brand”. trump building on the fifth, 40 wall street, maybe a trump hotel in noho, came to mind. others buildings, commercial or residential, are managed by his firm. combine, i put the valuation around 1-2b, excluding loans of course, normally 60% of the valuation. also, when you are providing a personal guarantee of a loan, the real estate is not yours. forgot about the trump link golf course in bronx. no, that’s not his. it belongs to New York City, he just manages it. Now it is called bally’s
So most top NYC real estate firms own much more real estate than a tiny 1B or 2B worth considering the NYC real estate market is worth above $2.8 Trillion. And Trump's holdings in NYC are probably not worth anywhere near this amount -- as outlined in this fraud trial.
Well, he'll have $4B if the new DWAC can stay at $50 for 180 days when it starts trading. He gets 78 Million shares they say. 58% of the company. We know that's not gonna happen though. At $5/share the company will have a 670MM market-cap. Not sure where the operating revenue will come from. Ads I guess. to trade at a P/S ratio of 10.... which is ridiculously high for a company that I doubt will grow, they'll need ~$185K per day in ad revenue. A P/S of 2 (still high imo) requires almost $1M/day. I dunno... but I bet by the end of the lock-up period, it'll be a penny stock. Or damn close.
Does anyone believe that a company with a mere 40 employees (at its peak) but currently with under 10 employees most likely after layoffs -- should have a valuation in excess of $4 Billion?
More trauma for Trump..... Thank goodness he still has his base who will stand behind and fund him , out of loyalty .... and don't forget , they were coming after you. He just put himself in the way. Trump civil suits get green light as he misses deadline to appeal immunity ruling Donald Trump's choice not to challenge a presidential immunity ruling involving civil cases attempting to hold him accountable for his actions on Jan. 6, 2021, has given a green light for the lawsuits to proceed, a new analysis contends. Trump's decision not to contest a D.C. Circuit Court of Appeal ruling against him from December affects pending civil litigation brought by police officers and lawmakers who were at the U.S. Capitol during the riots, Supreme Court reporter Lawrence Hurley writes for NBC News. The deadline to appeal passed Thursday. But James Blassingame, an officer injured on Jan. 6, and fellow plaintiffs can move forward with multiple consolidated lawsuits against the former president, Hurley writes. The officers seek compensatory and punitive damages to be determined by a jury for the "physical and emotional injuries incurred," according to a Newsweek report.
The New York case happened because of Michael Cohen , his once trusted lawyer and sweeper. The guy even paid off Stormy with his own money , lied to congress for Trump's benefit. And what does Trump do.... he stiffs him for the $130K and throws him under the bus , the guy even did time for that. What Trump is going through is no-ones but of his own doings. 'He's stuck': Michael Cohen says Trump is in 'total panic mode' and can't sell his way out Donald Trump's former attorney and fixer Michael Cohen believes his old boss won't be able to sell off Trump Organization assets in the face of a $364 million judgment. Cohen appeared on MSNBC Friday evening just hours after Justice Arthur Engoron ordered a massive payment from the former president he found liable for civil fraud. "I don't think it's possible, at least not with the New York State assets," said Cohen. "All the assets in New York, if they were sold, I don't think cover the $355 million." Cohen then went down the list of Trump's New York assets and explained the many financial strings attached. "The parking lots that he owns, the restaurants, they were all taken as the sponsor when he was developing the properties," Cohen said. "So he has zero basis in that. You're going to have capital gains tax on the differential when they get sold, no different than anybody would pay. So chop it by 40 percent or 50 percent. So that $40 million asset is $120 million clean, but then you have mortgages on it. None of these assets aren't encumbered by a mortgage. So it's very little." "Just to underscore what you're saying," replied Alicia Menendez, "He's stuck." "That's great way to describe it," agreed Cohen. "And I'm going to use your language. He's stuck." This prompted Menendez to ask, "What happens to Donald Trump when he gets stuck?" "He goes into complete and total panic mode," Cohen replied. "Donald's theory right now, the only out for him financially and criminally regarding incarceration, is if he wins the election. He's not running for the presidency of the United States to do good for the United States. He wants to do, and the only way he can do, good for himself is to win the presidency. This is all about running for the purpose of saving himself."