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Trump-owned Beverly Hills property was sold to entity linked to Indonesian billionaire, report says


Added 06-14-19 12:29:01am EST - “More details have emerged about the recent off-market sale of a? Beverly Hills, Calif., property by the Trump Organization.” - Foxnews.com

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Posted By TheNewsCommenter: From Foxnews.com: “Trump-owned Beverly Hills property was sold to entity linked to Indonesian billionaire, report says”. Below is an excerpt from the article.

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A Trump property in Beverly Hills, Calif., reportedly sold for $13.5 million, nearly double what the Trump Organization paid in 2007. (Google Maps)

More details have emerged about the recent off-market sale of a Beverly Hills, Calif., property by the Trump Organization.

The buyer was reportedly a foreign corporate entity linked to an Indonesian billionaire and Trump business partner. The price paid was $13.5 million -– nearly double the $7 million that the Trump Organization paid in 2007.

Just last year Los Angeles County had reappraised the home at $8.3 million, the Washington Post reported.

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