Fred Trump sells Swifton Village, gives all of the credit to Donald

Recently Updated

Top Folders

Dates on Trump File reflect when something happens, not when it's first reported.

In December, Fred Trump sells Swifton Village for $6.75 million, a nearly $6 million profit. He gives all of the credit (and most of the profit) to Donald, and they market the sell as Donald Trump’s first successful real estate deal.

In his book The Art Of The Deal, Donald takes credit for Fred’s investment in the complex too, even though he wasn’t even 18 at the time. 

“In college, while my friends were reading the comics and the sports pages of newspapers, I was reading the listings of FHA foreclosures. And that’s how I found out about Swifton Village.”

The Art of the Deal by Donald J. Trump

There is speculation that the profits from the sell actually amounted to about $500,000. The only way the Trumps could have made a $6 million profit is if they never paid the mortgage.

Sources

Too Much and Never Enough by Mary L. Trump, Ph.D., page 91
(Note: in the book, Swifton Village is referred to as Swifton Gardens.)

https://www.cincinnati.com/story/news/politics/elections/2016/08/25/discrimination-lawsuit-over-donald-trump-cincinnati-apartments/89269132/

https://www.politico.com/story/2015/09/donald-trump-candidate-wealth-2016-213362

Photograph: Dennis Caruso/NY Daily News Archive via Getty Images

Note From TF

Some Trump File posts are incomplete as the site is still young and Trump world moves fast. Please use the source links to read further if a topic interests you or if you doubt its authenticity. If a post does not have source links, it is an early draft and will be updated soon. I plan to go back and build on every post in the future.

If If there is content you'd like to add context to or something that should be corrected, please contact TF by clicking here or email us at trumpfile@protonmail.com. You can also find us on Twitter.

Support The Site:

Keep Reading

Recommended

Dates on Trump File reflect when something happens, not when it's first reported.

In December, Fred Trump sells Swifton Village for $6.75 million, a nearly $6 million profit. He gives all of the credit (and most of the profit) to Donald, and they market the sell as Donald Trump’s first successful real estate deal.

In his book The Art Of The Deal, Donald takes credit for Fred’s investment in the complex too, even though he wasn’t even 18 at the time. 

“In college, while my friends were reading the comics and the sports pages of newspapers, I was reading the listings of FHA foreclosures. And that’s how I found out about Swifton Village.”

The Art of the Deal by Donald J. Trump

There is speculation that the profits from the sell actually amounted to about $500,000. The only way the Trumps could have made a $6 million profit is if they never paid the mortgage.

Sources

Too Much and Never Enough by Mary L. Trump, Ph.D., page 91
(Note: in the book, Swifton Village is referred to as Swifton Gardens.)

https://www.cincinnati.com/story/news/politics/elections/2016/08/25/discrimination-lawsuit-over-donald-trump-cincinnati-apartments/89269132/

https://www.politico.com/story/2015/09/donald-trump-candidate-wealth-2016-213362

Photograph: Dennis Caruso/NY Daily News Archive via Getty Images

NOTE FROM TF

Some files are incomplete as the site is still young and Trump world moves fast. Please use the source links to read further if a topic interests you or if you doubt its authenticity. I plan to go back and build on every file in the future.

If there is content you'd like to add context to or something that should be corrected, please contact us by clicking here or email us at trumpfile@protonmail.com

Support The Site:

Keep Reading

Recently Added & Updated

Keep Reading