Despite selling his hotel in Washington, DC, for $375 million in 2022, former President Donald Trump ended up losing millions of dollars on the property years after he sold it, according to a report this week from Forbes.
In 2012, the Trump Organization won a bid to restore an old D.C. post office and turn it into a luxury hotel. The bid meant Trump was also committing to pay loans of over $250,000 a month to the General Service Agency (GSA) for the next 60 years.
