What's Hot: Douglas Development Files PUD For Large Warehouse At New City Site Along New York Avenue
Trump Organization Sells DC Hotel Lease for $375 Million
✉️ Want to forward this article? Click here.
![](https://assets.urbanturf.com/dc/images/blog/2021/11/trump-hotel.jpg)
The Trump name will no longer adorn DC's Old Post Office.
The Wall Street Journal is reporting that Miami investment firm CGI Merchant Group is in contract to acquire the hotel lease at DC's Trump International Hotel for $375 million.
story continues below
loading...story continues above
"CGI intends to remove the Trump name, and it has reached a deal with Hilton Worldwide Holdings, Inc. to have the property branded and managed by Hilton’s Waldorf Astoria group," The Wall Street Journal said.
The sale is expected to close in the first quarter of 2022.
This article originally published at https://dc.urbanturf.com/articles/blog/trump-organization-sells-dc-hotel-lease-for-375-million/18949.
Most Popular... This Week • Last 30 Days • Ever
![First-Timer Primer: Tax Relief for DC Homeowners](https://assets.urbanturf.com/dc/images/blog/2013/02/Homestead_Exemption_280.jpg)
When you buy a home in the District, you will have to pay property taxes along with y... read »
![A 127-Unit Luxury Condo Building In The Works For Downtown DC](https://assets.urbanturf.com/dc/images/blog/2024/07/resized/950%203rd%20Street%20Dusk%20EXT_image_560x420.jpg)
The largest condominium building in downtown DC in recent memory is currently under c... read »
![HPO Recommends Approval For 160-Unit Office-To-Residential Conversion in Dupont Circle](https://assets.urbanturf.com/dc/images/blog/2024/06/resized/1201-Conn_image_560x420.jpg)
The plan to convert a Dupont Circle office building into a residential development ap... read »
![Beautifully Constructed Condominium in The Bridge District is Now 50% Sold](https://assets.urbanturf.com/dc/images/blog/2024/07/Riviere%20article/resized/2305%20Nicholson%20St%20SE%20405-0003_image_560x420.jpg)
The Rivière includes just 20 homes located on the eastern banks of the Anacostia Riv... read »
![Monday's Must Reads](https://assets.urbanturf.com/dc/images/blog/2024/07/resized/bubble_image_560x420.jpg)
Why Tyra Banks is serving ice cream in DC; a bike shop/record store opens in Adams Mo... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro