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Snarkoleptic
Snarkoleptic's Journal
Snarkoleptic's Journal
June 5, 2022
ETTD - Everything Trump Touches Dies
By most accounts we are in the midst of a real estate boom (bubble sounds more like it), but those who live in a Trump-branded property may be suffering from the stigma of his name and brand.
https://www.chicagotribune.com/real-estate/elite-street/ct-re-elite-street-exelon-christopher-crone-trump-tower-20220527-gpv4gajjtjcf3f2uhz2rx43gta-story.html
Christopher M. Crane, the president and CEO of Chicago-based Exelon Corp., on Thursday took a loss on his two-bedroom, 2,063-square-foot condominium on the 39th floor of the Trump International Hotel & Tower, selling it for $1.32 million.
Crane paid $2.05 million in 2015 for the condo unit, meaning that he lost $725,000 on it over seven years.
Crane first listed the condo in 2016 for $2.09 million, but took it off the market the following year. He relisted it in late April for $1.7 million, and he went under contract just five days later.
Crane paid $2.05 million in 2015 for the condo unit, meaning that he lost $725,000 on it over seven years.
Crane first listed the condo in 2016 for $2.09 million, but took it off the market the following year. He relisted it in late April for $1.7 million, and he went under contract just five days later.
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