Grandparent scam: London, Ont., senior beats fraudsters not once, but twice
It was a typical Tuesday for Mabel Beharrell, 84, until she got the call that would turn her world upside down. Her teenaged grandson was in trouble and needed her help.
Former U.S. President Donald Trump's company is in advanced talks to sell the lease for its marquee hotel in Washington, DC, for more than US$370 million, according to a person familiar with the matter.
Miami investment fund CGI Merchant Group is in advanced negotiations with the Trump Organization, the person said. As part of the discussions, CGI has held talks with Hilton, the hotel operator it has partnered with in the past, about removing the Trump name from the ornate building steps from the White House and replacing it with another luxury brand name.
The advanced discussions and deal terms were first reported by The Wall Street Journal.
A representative for CGI declined to comment. The Trump Organization could not be reached.
Hilton did not confirm the discussions.
"Hilton is committed to growing its presence globally," said Hilton's Meg Ryan. "We are always focused on meeting our guests' needs in the destinations where they want to travel -- with the right hotel in the right place at the right time. We continue to recognize the opportunity for growth in the nation's capital. However, we have nothing to confirm at this time."
Last week, the House Oversight Committee released documents showing the Trump property, which attracted conservative lobbyists throughout the presidency, lost $70 million while Trump was in office. The company has been trying to sell the property since 2019 but paused last year when the pandemic all but shuttered the hospitality industry.
Baseball slugger Alex Rodriguez's company is a large investor in CGI's hospitality fund, which would likely be tapped as part of the deal.
Any deal will need to undergo a 60-day review from the General Services Administration, the government entity that owns the property.
A Biden administration official told CNN the Old Post Office lease agreement requires written notification from the current tenant of a proposed transfer of interest in the lease. GSA has received no formal notification of a sale for the Old Post Office lease, according to an agency spokesperson.
The official also said the Trump Organization must also provide GSA with detailed information showing that the prospective buyer meets certain requirements. This information includes descriptions of the prospective buyer's intended use; its authorization to operate a business in the jurisdiction; its qualification to do business with the federal government; and its financial and operational capabilities -- none of which has been done.
It was a typical Tuesday for Mabel Beharrell, 84, until she got the call that would turn her world upside down. Her teenaged grandson was in trouble and needed her help.
The deaths of four people on a farm near the Saskatchewan village of Neudorf have been confirmed a murder-suicide.
The Canada Revenue Agency announced Thursday it will not require 'bare trust' reporting from Canadians that it introduced for the 2024 tax season, just four days before the April 2 deadline.
The Parole Board of Canada has granted full parole to one of three men convicted in the brutal murders of three McDonald's restaurant workers in Cape Breton more than 30 years ago.
Nearly 20 hours after a man climbed and remained perched on top of the Reconciliation Bridge in downtown Calgary, the situation came to a peaceful resolution.
Ontario released its annual sunshine list Thursday afternoon, noting that the largest year-over-year increases were in hospitals, municipalities, and post-secondary sectors.
Genetic analysis has shed light on a long-standing mystery surrounding the fates of U.S. President George Washington's younger brother Samuel and his kin.
A spokesman for a regional Muslim advocacy group says Conservative Leader Pierre Poilievre's stance on the Israel-Hamas war could complicate his party's relationship with Muslim Canadians.
Former U.S. President Donald Trump is officially selling a copy of the Bible themed to Lee Greenwood’s famous song, 'God Bless the USA.' But the concept of a Bible covered in the American flag has raised concern among religious circles.
B.C. conservation officers recently seized a nine-foot-long Burmese python from a home in Chilliwack.
A New Brunswicker will go to bed Thursday night much richer than he was Wednesday after collecting on a winning lottery ticket he let sit on his bedroom dresser for nearly a year.
The Ontario government is introducing changes to auto-insurance, but some experts say the move is ill-advised.
A Toronto restaurant introduced a surprising new rule that reduced the cost of a meal and raised the salaries of staff.
Newfoundland’s unique version of the Pine Marten has grown out of its threatened designation.
A Toronto man is out $12,000 after falling victim to a deepfake cryptocurrency scam that appeared to involve Prime Minister Justin Trudeau.
It started small with a little pop tab collection to simply raise some money for charity and help someone — but it didn’t take long for word to get out that 10-year-old Jace Weber from Mildmay, Ont. was quickly building up a large supply of aluminum pop tabs.
There’s a group of people in Saskatoon that proudly call themselves dumpster divers, and they’re turning the city’s trash into treasure.
Ontario is facing a larger than anticipated deficit but the Doug Ford government still plans to balance its books before the next provincial election.