Category 5 Hurricane Irma heading directly at Trump’s $28 million Caribbean mansion
Category 5 Hurricane Irma is closing in on President Donald Trump’s luxury St. Martin mansion.
“Trump owns a multi-million dollar mansion on the Caribbean island of St. Martin — and Category 5 Irma is heading straight for it,” the Miami Herald reports. “A hurricane warning is in effect for St. Martin — a French dependency about 230 miles east of Puerto Rico — and other nearby islands, meaning tropical storm-force winds could arrive within the next 24 to 36 hours.”
Trump’s 5-acre estate with 8-foot walls is located directly on the beach. It is known as “Le Chateau des Palmiers” or “Castle of the Palms.”
Trump owns the property through two shell companies, Excel Venture I LLC and Excel Venture Corp II.
The Trust in May listed the beachfront estate for sale at $28 million.
In August, The Washington Post reported the price had been slashed by, “more than $11 million in recent weeks.”
“Ethics experts have warned that entering into such a deal while he is in office could raise potential conflicts of interest and attract buyers seeking to overpay as a way to curry favor with the president,” The Post noted. “The price reduction comes as the luxury market on St. Martin has been improving, with an increase in sales and qualified buyers during the last year, local real estate brokers said.”
— The Weather Channel (@weatherchannel) September 5, 2017
— Michael Ventrice (@MJVentrice) September 6, 2017
— HurricaneTracker App (@hurrtrackerapp) September 5, 2017
— Stu Ostro (@StuOstro) September 5, 2017