Real Estate Blog - DONALD TRUMP SELLS HIS 1 HUNDRED MILLION DOLLAR ESTATE IN PALM BEACH

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DONALD TRUMP SELLS HIS 1 HUNDRED MILLION DOLLAR ESTATE IN PALM BEACH

if you have not heard the BIG news, Donald Trump sold his 100,000,000 estate in Palm Beach to a Russian Billionaire, who plans to subdivide the property. So this is a "Tear Down" for him....can you believe that!! Check out the news article about the buyer and the sale. This is the highest sale thus far in the USA! Leave it up to Donald to set this record.

http://www.news.com.au/heraldsun/story/0,21985,23901842-5005961,00.html

He had it listed for $125 million so the poor guy had to come down in price! But he purchased the home in foreclosure for around $41 million, so not a bad return. He did have it on the market for over 2 years.

If you want to hear more about current Luxury Real EState news, check out this interview with CEO John Brian Losh of www.luxuryrealestate.com

Lakefront Radio Interviews John Brian Losh

Enjoy the first weekend of the Summer Solstice!

Posted by Mary Thompson Lake Lanier Appraiser in Georgia on 06/22/2008 10:49 AM

Comments (5)

donald trump sells his palm beach mansion, highest sale in the usa, donald trumps home in palm beach sells for 1 hundred million

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5 Comments on DONALD TRUMP SELLS HIS 1 HUNDRED MILLION DOLLAR ESTATE IN PALM BEACH

JUN

2008

So, the Trump wasn't able to get the billing for the mot expensive house sold. Maybe he can use his profits to console himself.

NO...Trump WAS able to get the highest sale in the USA....That is why I was saying in jest...Leave it up to Trump to set this record!

Mary, I hadn't heard that, wow. The Art of the Deal I would say.

NOV

2008

I hate donald trump

I think Donald is an incredible business man... He might not be liked but he has been through near bankruptcy and back up again.

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