No new offers for Trump Toronto hotel
Toronto, Canada – 7 March 2017 –
A deadline to bid for the Trump International Hotel & Tower in Toronto has passed with the property drawing no new offers, according to the receiver, Bloomberg reported.
The 65-story hotel and condo tower was put on the market by JCF Capital, the holder of the C$300 million (US$223 million) loan on the property.
The property, located in the heart of Toronto’s financial district, is managed by the Trump Organization, which licenses its name to the building. The tower has been the site of several recent protests following the election of US President Donald Trump.