Not going to London and it is Obama's fault!

[Wasillaguy]

Originally Posted by Rajoo

Again, really!!!

So they were secretive transactions, yet we know it was 1/5th of his condos, we know 1,300 were bought by companies, and we know they paid cash.
That's a lot of info for "secretive".
And it's the buyers that want to remain anonymous, so how is Trump doing wrong?
As far as holding companies, every major condo project sells to holding companies, and usually it's multiple units. REITs have become a popular way to invest in real estate, and foreigners have been buying condos here for decades through holding companies. So 1,300 units- out of how many total? Is Trump's % wildly out of line with other developers? Did he break any laws? Not that I've heard.

In 2014, 64% of Florida home purchases were "all cash". It's quite the trend lately, and again has nothing to do with the seller/developer.