Late last night Your Mama received a clandestine communique from the ever intrepid Babbling Babette regarding the Beverly Hills property recently sold by an entity that links back to real estate's comb over king Donald Trump.
If the children will put on their thinking caps they'll recall that last week Your Mama discussed a 6 bedroom and 6.5 pooper Colonial style fixer upper on N. Rodeo Drive that was purchased in July of 2008 for $10,350,000 and flipped it back on the market a year later with few if any improvements and an asking price of $12,000,000.
After less than two weeks on the market the property entered escrow and, according to Babbling Babette, the deal closed in less than a week at a sale price of just $9,500,000. According to our not always entirely accurate bejeweled abacus, the sale price is not only 20% less than the asking price it's $850,000 less that was paid for the property. Oh. Dear. Ouch.
We imagine that Mister Trump, who loves to crow about how much money he has to toss around like he's living in a Monopoly world, would publicly dismiss the loss as pocket change. However, Your Mama knows deep in our dark and snarky soul that when Mister Trump (or any other billionaire) lays his head down at night on his dee-luxe Porthault linens it's just gotta hurt a little to lose nearly a million clams because let's be honest, a million bucks may not be what it used to be, but it's still a million bucks.
Discuss.
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