Now, Trump, who frequently touts his business acumen on the campaign trail, is catching some flak for the failed venture. Here’s what you need to know: 1. The timing was poor. Though the bursting of the housing bubble wasn’t completely apparent yet, home prices were starting to fall in early ... Read More »

The American clothing mogul purchased the Raleigh Hotel in Miami’s South Beach for $70 million in 2014, with plans to convert it into a membership-based luxury boutique hotel, offering exclusive benefits to those who pay a yearly fee. “It’s a dream come true for me,” said Hilfiger. “I thought for ... Read More »