How did a young Miami Beach financier snatch a hotel away from Donald Trump? – Miami Herald

And within months of opening on July 6, 2011, the hotel saw its bonds downgraded by Fitch Ratings, which voiced concern that buyers might not ever take possession of their units. One of the developers defaulted on the bond debt and in 2013 filed for

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Source: FS – All – Hotels – blogs
How did a young Miami Beach financier snatch a hotel away from Donald Trump? – Miami Herald