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The Independent UK
The Independent UK
National
Sheila Flynn

Donald Trump’s Washington DC hotel sold for $375m after government approves deal

AP

The Trump International Hotel in Washington DC has been sold in a $375m deal and will be transformed into a Waldorf Astoria, according to the government agency which approved the sale to a Miami investment fund.

The Trump Organization had poured $200m into the federally-owned historic Old Post Office on Pennsylvania Avenue, though the converted hotel lost millions during the tenure of the 45th president, according to reports.

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