Trump Tower Toronto – How every single investor (but Donald Trump) lost money in this investment in a booming housing market in Toronto

Donald Trump refers to himself as “a genius” when it comes to his initial decision to launch Toronto’s Trump Tower back in 2002. At the time, it was supposed to become Toronto’s tallest residential tower. But a lot happened between 2002 and 2016, the 14 years that took the team(s) that were involved in this project to complete the tower which was at last taken over by JCF Capital which eventually sold the hotel to InnVest which is a major Canadian hotel operator. The condos are back on the market under the St. Regis brand which itself is a division of the Marriott International.

I would encourage everyone to read this awesome article by the Toronto Star and Columbia Journalism Investigations.

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