Trump's Best Option to $540 Million in Legal Meet Penalties: Using Real Estate Assets as Collateral
Donald Trump faces legal penalties totaling nearly $540 million and must post bonds by two approaching deadlines. For the New York civil fraud case, he must post $454 million by March 25th to delay penalty execution during the appeal. Experts say Trump's best option is using "clean" unencumbered real estate assets as collateral to borrow the funds from private lenders. This could allow him to meet the deadlines without having to quickly sell off properties under duress. Analysts note private equity and debt market sources may lend against Trump's real estate holdings.
Transcript
00:00 It's Benzinga and here's what's on the block.
00:02 Donald Trump faces legal penalties totaling nearly $540 million and must post bonds by
00:07 two approaching deadlines. For the New York civil fraud case, he must post $454 million
00:11 by March 25th to delay penalty execution during the appeal. Experts say Trump's best option is
00:16 using clean, unencumbered real estate assets as collateral to borrow the funds from private
00:20 lenders. This could allow him to meet the deadlines without having to quickly sell
00:23 off properties under duress. Analysts know private equity and debt market sources may
00:28 lend against Trump's real estate holdings. However, Trump has so far given no indication
00:31 he's preparing to leverage or sell his property or phone. For all things money, visit Benzinga.com.