The Trump name will no longer adorn a lower Manhattan hotel that was once considered a jewel in the family’s international real-estate portfolio. The Trump Organization said Wednesday it would end its management and licensing agreement with the owners of the Trump SoHo Hotel by the end of the year. A statement released by the Trump Organization called the deal a “buyout of the remaining term” of the agreement with CIM Group, a California real-estate investment firm.

Source: Wall Street Journal November 23, 2017 02:15 UTC