March 31, 2009 at 1:35 pm · Filed under Real Estate Auctions International Ultra Luxury Realty, Uncategorized and tagged: ADC, AIG, Arturo Torres, Auctions, bailout, Bankers, bankruptcy, Beaver Damn Farms, Bildarth, Bridge Loans, BULK, Cabo, Calhoun Mansion, Calumet, chapter 11, chapter 7, Charleston, Christies, Christies Great Estates, close outs, Condominiums, Condos, Crawford Farms, Creditors, executors, exit strategies, Flip, Forbes 400, Foreclosures, Fortune 500, G-20, Gedney Howe, global, GM, Gossman, Greg Norman, Hamptons, Hedge Funds, Helen Geer, Henry Kravis, International, John Thunder Thornton, Kenny Rogers, Lenders, LIE, Lloyd Bentsen, Long Island, Luxury, Madoff, Mansion, Mansions, Mezzanine, mini-perm, Mnse, Palm Beach, Prudential, Prudential Douglas Elliman, Real Estate, Realty, Receivers, REO, Russian, Seven Lakes Lodge, Sothebys, South Wind, takeout, The Hamptons, Trump, Trustees, U.S. $100M, Ultra Luxury, unemployment, Veladi, Wall Street, Woody Kern, work outs
Trump Flips $41M for $100M
Donald Trump’s Palm Beach mansion, Maison de l’Amitie, has been sold for $100M to a Russian fertilizer Billionaire. The 68,000- square -foot home sits on over seven beachfront acres and features 16 bedrooms and three guesthouses. Trump purchased the home @ auction for $41M million in 2004 after Hamptonite Insurance Guru Mr. Gossman lost the ultra luxury asset.
Daniel M. Parkman, Sr. Blog 