Reported about 14 hours ago
The Trump Organization has fully paid off a $160 million loan for its 40 Wall Street office tower, highlighting the company's financial recovery since Donald Trump's re-election. The building, which had faced challenges including low occupancy, is now debt-free following a series of successful business ventures in golf, licensing, and cryptocurrencies. Analysis indicated that while loan payments were previously under pressure, recent cash flow allowed the organization to eliminate the debt ahead of schedule.
Source: YAHOO