Trump Refinances $100 Million Mortgage On Trump Tower With A Bank Headed By A Political Supporter

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Trump Refinances $100 Million Mortgage On Trump Tower With A Bank Headed By A Political Supporter
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Donald Trump refinanced Trump Tower in February, taking out a $100 million loan, according to documents recorded Tuesday by New York City’s Department of Finance

The financing came from Axos Bank of San Diego, which launched in 2000 as Bank of Internet USA. Its CEO, Gregoryincluding $9,600 in support of Trump, since 2012, according to records with the Federal Election Commission.

Trump’s previous mortgage on his flagship piece of real estate, $100 million from commercial real estate investment trust Ladder Capital, wasSpokespeople for the Trump Organization and Axos Bank did not immediately respond to inquiries. Eric Trump signed the loan documents as the president of Trump Tower Commercial LLC.

Update March 9, 2022, 12:03 p.m.: After this article was published, a spokesperson for Axos said that the bank had no comment on the loan.

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