Donald Trump was just hit with yet another embarrassing money problem and this one might be the worst yet since it involves his most prized piece of real estate.According to Bloomberg News, a $100 million loan on Trump Tower in midtown Manhattan has just been placed on a debt watch list as vacancies in the building keep going up… and up… and up.
This year alone, occupancy in the building has fallen from 85% to 78%, and tenants keep breaking lease.Related: Trump hotels issue mask mandates, probably won’t impact business since nobody wants to stay there anywayWells Fargo added the 72-floor property to the debt watch list because of “lower average occupancy,” noting that in the first quarter of 2021, it made $7.5 million in revenue.