para bellum
Platinum Member
Trump can't put up his own property for collateral on a bond, the judge put a blanket ban on any loan transactions for Trump.
His interest in 1290 6th Avenue is $300 Million+. That's a nice building that had a big recent renovation. Valued (not by Trump) at $1.9Bn, with a $950Mn mortgage on it. Trump owns 30% and Roth owns 70%.
Trump has plenty of assets to cover the judgement, the judge is just blocking his access to his own capital.
His interest in 1290 6th Avenue is $300 Million+. That's a nice building that had a big recent renovation. Valued (not by Trump) at $1.9Bn, with a $950Mn mortgage on it. Trump owns 30% and Roth owns 70%.
Trump has plenty of assets to cover the judgement, the judge is just blocking his access to his own capital.