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Trump Is Near Sale of Luxury Washington Hotel for $370 Million - Bloomberg

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The Trump Organization is in advanced talks to sell the rights to its Washington hotel in a deal that could bring more than $370 million.

A Miami-based investment firm, CGI Merchant Group, is in negotiations to buy the lease for the hotel on Pennsylvania Avenue, according to people familiar with the effort, who asked not to be identified because the matter is private.  

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Trump Is Near Sale of Luxury Washington Hotel for $370 Million - Bloomberg
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