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Tribune News Service
Tribune News Service
National
Molly Kissler

New York investigating loans made to Trump properties: report says

New York prosecutors are investigating financial dealings around some of Donald Trump’s Manhattan properties, Dow Jones reported, citing people familiar with the situation.

All of the loans in question were made by subsidiaries of Ladder Capital Corp., a real-estate investment trust based in New York.

According to property records, Ladder Capital has lent Donald Trump more than $280 million for four Manhattan buildings since 2012

The prosecutors are said to be looking at loans that were taken out for the Fifth Avenue Trump Tower, 40 Wall St., Trump International Hotel and Tower, and Trump Plaza

Lawyers for the Trump Organization and the Manhattan district attorney’s office declined to comment.

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