Trump's Washington hotel lease sold for $375 million

Date: 2022-05-11
Entry type: business-sale
Current status: Sale completed and property rebranded
Last reviewed: 2026-09-03

The Trump Organization sold the Old Post Office hotel lease to CGI Merchant Group, which removed the Trump name and converted the property to a Waldorf Astoria.

Entities and roles

Sale of the Trump International Hotel Washington leasehotel lease sale
Donald J. Trumpseller-side business principal

Claims and evidence

factreported
The Trump Organization sold the lease for its Washington hotel to CGI Merchant Group for a reported $375 million, after which the property was rebranded as a Waldorf Astoria.
- Georgia Public Broadcasting: Trump sells Washington hotel to Miami-based investor groupSale price, buyer, and Waldorf Astoria conversion