Trump Hotel Sale in Washington Will End an Era

The Trump family took out a $170 million loan from Deutsche Bank in 2014 to finance renovations to the building. But even after that loan is paid off and various payments the family made to cover operating losses are accounted for, the family will generate a profit of about $100 million, House investigators estimated after the sale was announced.

The pandemic, followed by Mr. Trump’s departure from the White House, had already resulted in a significant decline in business at the hotel, which is perhaps most famous for its sprawling lobby, set up in a nine-story skylit atrium with giant