What specific maturities and loan covenants are listed in the public mortgage and securities filings for Trump National Doral, the Chicago tower, and the D.C. hotel?
Executive summary
Publicly available reporting provided here contains only fragmentary specifics about the mortgages tied to Trump properties: the clearest maturity cited is a $125 million Deutsche Bank loan on Trump National Doral that was reported to mature in 2023 , while descriptions of loan structures and covenant language are general — references to variable- and fixed-rate loans, interest-only features with balloon payments, and continuing guaranty/covenant language appear in securities and court materials but do not list the detailed maturities and covenant tests for the Chicago tower or the Washington, D.C. hotel in the documents supplied .
1. Trump National Doral — the one concrete maturity cited in the coverage
Among the documents and reporting provided, the most concrete single maturity is the Deutsche Bank loan tied to Trump National Doral: reporting in Fortune cites an outstanding Deutsche Bank loan of $125 million for the Doral resort “which matures in 2023” . That same reporting and related securities-filed summaries note that Trump-related commercial loans have been a mix of variable-rate and fixed-rate mortgages and that some loans were structured as interest-only with balloon payments due at maturity — a structural feature that concentrates credit risk at the stated maturity rather than amortizing it away over time . The supplied sources do not reproduce the original mortgage or pooling-and-servicing agreement for that Doral loan, so the precise schedule of amortization, any extension options, or the exact covenant triggers are not available in this set .
2. Chicago tower — no specific maturity or covenant language located in the provided sources
On the Chicago tower, the reporting assembled here does not contain a public filing that lists a maturity date or the explicit financial covenants tied to the loan; Crain’s and related background pieces summarize aggregate indebtedness across Trump Organization assets and note significant upcoming debt within a multi-year window, but they do not provide the mortgage or securities filing for the specific Chicago tower loan in the documents supplied . Where securities filings or secondary reporting touch on Trump Organization loans broadly, they reiterate that commercial loans were sometimes split between fixed and variable rates and that maturity and balloon structures were common — but the specific debt schedule and covenant tests (for example DSCR, minimum net worth, or prohibition on additional liens) for the Chicago property do not appear in the materials presented .
3. Washington, D.C. hotel — covenant references exist but no granular line-item maturities in these sources
The Washington, D.C. hotel has been widely discussed elsewhere, yet in the specific documents provided there is no mortgage or pooled-security prospectus text enumerating its loan maturity or covenant matrix. The New York State Attorney General repository referenced in the material mentions the “condition of the guaranty and the continuing loan covenants” in relation to Trump Organization properties, indicating that such covenant frameworks exist and were reviewed in legal proceedings, but the supplied excerpt does not reproduce the covenant language or maturity schedules for the D.C. hotel loan . Reporting pulled into aggregation pieces likewise highlights the presence of guaranties and covenant conditions across Trump loans without printing the detailed covenant thresholds or cure periods for the D.C. hotel .
4. What the sources do show about loan structure and why specific covenant details may be absent
The available articles and filings emphasize structural traits — mixes of fixed and variable rates, interest-only arrangements with balloon payments at maturity, and guaranties tied to continuing covenants — because these are the high-level features that matter for credit risk and public narratives . But the specific maturity dates and precise covenant metrics (e.g., required debt-service coverage ratios, permitted leverage ratios, minimum liquidity covenants, cross-default thresholds, and specific cure windows) are often embedded in mortgage instruments, loan agreements, or commercial-mortgage-backed-securities prospectuses that were not included in the reporting set provided; therefore this review cannot supply detailed line items for the Chicago tower or D.C. hotel beyond noting that such covenants exist and were the subject of legal review .
5. Implication and next reporting steps to get the missing line items
To definitively answer which maturities and exact covenant tests apply to each property would require accessing the original recorded mortgage documents, loan agreements, or CMBS offering memoranda for the specific loans — records that are typically available in county mortgage registries, SEC filings for securitized pools, or in court exhibits when disputes arise; those primary documents are not in the set of sources provided here, which is why only one clear maturity (Doral, 2023, per Fortune) is cited and why covenant specifics for the Chicago tower and D.C. hotel remain unreported in this dataset .