The Soapbox

Fuzzy Dunlop

Joined: 06/21/2015 Posts: 5130
Likes: 6186


Sureties will definitely take real estate as collateral


But it takes time to do the necessary due diligence (a couple of months is typical) on the property's value, whether it has a clean title, free of liens and mortgages, etc. With commercial properties, they'll also look at cash flow from the property in addition to debts and what the market is.

Given that Trump's real estate holdings are almost all through the Trump Org, the generally weak market for office space, the difficulty of selling golf courses, etc., my guess is that there are companies willing to work with him, but there's no way all the I's can be dotted and the T's crossed in time. But his history of not paying debts, combined with likely complex structuring of real estate holdings to shift risk away from him personally, is likely what's making it hard for him to post collateral.

His residential properties would be the most attractive (assuming they're not leveraged to the hilt) because they're the easiest to sell right now. But my understanding is that a lot of those are just licensing the Trump brand and aren't actually owned by him or the Trump Org.

[Post edited by Fuzzy Dunlop at 03/19/2024 11:07AM]

(In response to this post by 81_Hokie)

Posted: 03/19/2024 at 11:04AM



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