Page 80 - Occupancy News Today

What does at cost even mean? >> thats exactly it. what does at cost mean? this is the month of june. so i ask you who is going to golf resorts in miami, florida, in the month of june? >> no one. >> so the costs are actually sunk. the trumps have already spent the money to keep the resort off. those costs are sunk. so anything that they are paid -- so even if they say were going to give you a deal which we dont know that to be the case, theyre going to make money. so theyd normally be losing a to...

President wont be making any money, thats just factually incorrect. >> well, the president again reiterated this idea of -- it doesnt make it any better but what does at cost even mean? >> thats exactly it. what does at cost mean? this is the month of june. so i ask you who is going to golf resorts in miami, florida, in the month of june? >> no one. >> so the costs are actually sunk. theyve already spent the money to keep the resort open. those costs are sunk. so anything that they are paid -- s...

Of this investigation, then the american people already, over 50% of the american people say impeach him and eject him from the office. so this is a confirmation test. and so far i think the speaker is going back to the core documents that define us as a people. trumps effort to host foreign leaders at his own resort smacks, again, of this -- >> but hes not going to make a dime off it. the fact that the average in that hotel in june in florida is 38% occupancy, hes guaranteed a sold out place be...

A resort in florida that the president owns and goes beyond owning a hotel in washington, d.c. and visiting his own golf clubs on his own free time. so this certainly will factor into two of the investigations going on. one, the lawsuit filed by 200 democrats led by senator richard blumenthal. blumenthal said yesterday he will be adding this example to his emoluments lawsuit. the other one like you mentioned is the congressional investigation. the house oversight committee was already looking in...

In fact, i was talking to one of the teams when i came back and i said what was it like? he said youre not going to believe this but its almost like they built this facility to host this type of event. >> nothing to see here says acting chief of staff mic mull v mullvainy. in the past, he said its because they never looked at it before. this was his announcement that donald trump had rewarded his own golf resort and all the business that comes with it last year. the latest of what axios calls th...

Attention. is doral doing that well? >> no. weve been looking at internal documents from the trump organization that say that doral is in their words, severely underperforming. the net operating income, basically, the profit that that resort produces fell 70% between 2015 and 2017. just two years. and so theyre going to be putting people and money and occupancy into it -- not only into a hotel thats doing poorly, but in the worst time of year. june is usually the second-worst month. only 38% of ...

Pro publica. and when i started doing was develop trendlines. im a former real estate investor, analyst for a number of firms. so i would try to match up the numbers, make comparability every year. and one of the first things that jumped out was that the occupancy in the loan documents was much smaller than the tax documents, which would be kind of strange because you would want it to be opposite. but fast forwarding, this loan that was going to be financed or refinancing 40 wall street was goin...

He reviewed the documents. kevin, thank you so much. michael cohen alleged this. he said the president would inflate his assets or deflate them in order to get a better outcome on his tax returns. you were able to see the i.t. 201 from 2001 to 2019. what is an it 201? >> so it the one we saw was a two-page document. page one would describe the year the document was being filed for. antly, at the bottom of the page, it would describe occupancy of the building. on page two was the revenue of the b...

Created a trend line of increasing occupancy and cash flow. >> so it would be a good loan to give out. it would be worth the risk. >> exactly. in other words, it immunized mr. trumps behavior perhaps so that he wouldnt be able to muss up the building so to speak. >> so he inflated it for the loan docs and deflated it for the tax docs? >> i believe the tax documents are fairly accurate as to what was going on. in fact, the tax documents would have produced alone at the same time. although, it pro...

Defend the constitution of the united states. so help me god. >> emoluments high mightn an old and pretty clunky word, but the founders wanted to make sure the president was acting for the people and not himself. while katy and i are near the white house, marine one happens to be taking off with the president on board. >> what do you think hes thinking about right now? as donald trump is taking off from the white house? here he goes. >> i wonder when he takes of does he take a look at the hotel?...