What are the documented loan amounts and maturities Deutsche Bank holds against Trump properties?
Executive summary
Deutsche Bank currently holds roughly $340 million in documented loans to the Trump Organization, split across three major property loans tied to Trump National Doral in Miami, the Trump International Hotel in Washington, D.C., and the Trump International Hotel and Tower in Chicago; those loans were reported as coming due in 2023 and 2024, creating high-profile refinancing pressure and political scrutiny [1] [2] [3].
1. What the public record identifies: the $340 million headline
Reporting by Reuters, The New York Times and others has summarized the bank’s outstanding exposure to the Trump Organization at about $340 million, a figure derived from Trump’s own disclosures and federal mortgage and securities filings that list three Deutsche Bank loans tied to the Miami, D.C. and Chicago properties [1] [3] [2].
2. The largest documented piece: $125 million on Doral, maturing in 2023
Mortgage documents and federal records cited in multiple reports identify a $125 million loan tied to Trump National Doral in Miami; those same documents show that loan’s maturity fell in 2023, making it one of the most frequently referenced individual obligations Deutsche Bank holds against Trump properties [2] [4].
3. The Chicago and Washington loans: documented origins and amounts reported in filings and testimony
Court testimony and bank records presented during litigation and reported in Fortune and other outlets indicate that Deutsche Bank underwrote a $107 million loan for the Chicago hotel/condo project in 2012 and that separate financing covers the Washington hotel; together with the Doral loan, these Deutsche Bank-originated loans are the principal components of the roughly $340 million total reported outstanding balance [5] [2] [1].
4. Maturities and structure: interest-only and balloon features, 2023–2024 deadlines
Reporting consistently describes the Deutsche Bank loans as a mixture of variable-rate and fixed-rate mortgages, some structured as interest-only with balloon payments due at maturity, and notes that the key maturities for these Deutsche Bank loans were clustered in 2023 and 2024—facts highlighted in contemporaneous mortgage filings and securities disclosures [2] [4] [6].
5. Bank deliberations, guarantees and legal context that matter to repayment risk
Deutsche Bank executives reportedly discussed extending repayment dates out to 2025 to avoid the reputational and legal risks of pursuing enforcement while Trump was in office, and the bank required personal guarantees from Trump on these loans—details that shaped internal risk assessments and explain why refinancing or extension was considered instead of foreclosure [2] [7] [6].
6. Limits of the available reporting and open questions
While multiple outlets converge on the $340 million figure and on the $125 million Doral loan and the 2023–2024 maturities, coverage differs in granular breakdowns (for example, some reports specify a $107 million Chicago loan while others summarize the remaining balance across Washington and Chicago) and public sources do not publish a single, complete loan schedule with every maturity date and tranche in one place—therefore precise allocation by property and exact contractual terms beyond what’s reported in filings and testimony cannot be fully reconstructed from the cited reporting alone [5] [2] [1].
7. Why the numbers mattered politically and financially
The concentrated maturities and the reported potential for Deutsche Bank either to refinance or to take enforcement action underpinned both political concerns about conflicts of interest if a sitting president needed to negotiate with a major lender and the bank’s operational dilemma about reputational risk versus recovery of collateral—concerns that were documented in news reporting and in commentary about the bank’s internal deliberations after the 2016 election [2] [3] [8].