Mortgage extensions may help with Donald Trump’s debts
The Trump Organization has almost $600m of estimated debt coming due within the next four years, with changing loan terms during the pandemic being fairly common
24 January 2021 - 07:30
New York — A recently refinanced mortgage for a building in Manhattan may show how Donald Trump is able to deal with his upcoming debt maturities, albeit at a higher cost.
Investors Bank agreed to extend the mortgage on Trump Park Avenue, a condo building at the corner of 59th Street, by a year to 2021, according to his latest financial disclosure, released hours after he left office...
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