If you're a New Yorker who's into Donald Trump's preferred big and shiny aesthetic, this may be a sad moment for you. The lender in Trump Soho, the hotel Trump unveiled on his show The Apprentice, has decided to foreclose on the property, according to the Wall Street Journal. From the WSJ: Real-estate investor CIM Group, which holds a junior loan on the property, is taking control of the building through a foreclosure process and his hired brokerage Eastdil Secured to auction off the property.

Topics:  yorker   donald trump   trump soho   apprentice   wall street   journal    from   wsj   cim group   eastdil secured   nyc   trump   lender   hotel   property   

 

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