Trump Continues Secretive Real Estate Sales

“President Trump’s companies sold more than $35 million in real estate in 2017, mostly to secretive shell companies that obscure buyers’ identities, continuing a dramatic shift in his customers’ behavior that began during the election,” a USA Today review found.

“The trend toward Trump’s real estate buyers buyers obscuring their identities began around the time he won the Republican nomination, midway through 2016, according to USA Today‘s analysis of every domestic real estate sale by one of his companies. In the two years before the nomination, 4% of Trump buyers utilized the tactic. In the year after, the rate skyrocketed to about 70%. USA Today‘s tracking of sales shows the trend held firm through Trump’s first year in office.”