Which Deutsche Bank loan maturities tied to Trump properties are coming due in the next two years and what are the implications?

Checked on January 13, 2026
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Executive summary

Reporting assembled here shows that the most-discussed Deutsche Bank loans tied to Trump properties were concentrated in 2023–2025 — notably a $125 million loan on Trump National Doral maturing in 2023 and larger balances tied to the Trump International Hotel in Washington, D.C., and a Chicago tower that were reported as maturing in 2024 (with bank executives having at times discussed pushing dates to 2025); more recent coverage indicates some of those 2024 maturities were paid or refinanced, but the provided sources do not establish any Deutsche Bank loan maturities falling in 2026–2027 [1] [2] [3] [4].

1. Which loans were on the calendar: core maturities and dollar figures

Federal filings and investigative reporting identified roughly $340 million of outstanding Deutsche Bank loans to the Trump Organization that were concentrated into three headline maturities: a $125 million mortgage on Trump National Doral (maturing in 2023), a roughly $170 million loan tied to the Trump International Hotel in Washington, D.C. (payable in 2024), and an additional loan on a Chicago tower that was reported to have about $45 million outstanding and also maturing in 2024, with the aggregate described repeatedly as loans due in 2023 and 2024 [1] [2] [5] [6].

2. How Deutsche Bank managed — and feared — those maturities

Internal discussions at Deutsche Bank, as reported, showed executives worried the Trump Organization might default while Donald Trump occupied the presidency; banks considered pushing repayment dates to 2025 to avoid the optics and risks of collecting from a sitting president and ultimately chose to decline new business with Trump rather than restructure immediately [3] [1] [7]. Those conversations underscore that the calendar of maturities mattered not just financially but reputationally inside the lender [8].

3. Subsequent refinancings and repayments reported (what changed)

Later reporting documents that some of the loans that had been scheduled to mature in 2024 were paid down or refinanced: Forbes reported that Trump paid back a $170 million Deutsche Bank balance tied to the D.C. hotel and refinanced the $125 million Doral loan, and that a private transaction involving Axos Bank helped address loans that had been set to mature in 2024 [4]. Other coverage after those actions continued to note a remaining $45 million Chicago loan maturing in 2024 in some accounts, though reporting is uneven on whether that particular balance was fully resolved at every point in time [9] [5].

4. Practical implications for credit, politics and litigation

Maturing, unpaid, or hard-to-refinance commercial mortgages create immediate cash-flow and collateral risks for property owners; if balloon payments aren’t met, lenders can force sales or foreclosures or insist on higher spreads, outcomes that would materially affect revenue and liquidity for the Trump Organization (this risk framing is drawn from the loan structures described in reporting: fixed-rate and variable-rate mortgages, interest-only loans with balloon payments) [7] [1]. Politically and reputationally, Deutsche Bank’s willingness to exit the relationship or to extend maturities had implications for both sides: the bank worried about regulatory and public scrutiny of doing business with a president, while the Trump side faced pressure to refinance in a market where other lenders had been reluctant to engage [3] [10]. The House Oversight finding of special treatment on the D.C. hotel loan tied to maturity timing adds a legal-and-ethics dimension to any refinancing or repayment narrative [11].

5. What is not established by the sources and the resulting uncertainty

The reporting provided does not produce a contemporaneous schedule showing Deutsche Bank loans maturing in 2026–2027; most sources stop at 2024–2025 and then report individual payoffs or refinancings without a full ledger of remaining Deutsche Bank exposures into 2026, so it cannot be asserted from these sources that Deutsche Bank has loan maturities tied to Trump properties “coming due in the next two years” from today — the available articles identify the peak maturity risk in 2023–2024 with some extensions to 2025 and then describe partial resolution [1] [2] [4] [3].

Want to dive deeper?
Which Trump Organization loans remain outstanding as of 2026 and who are the current lenders?
What loan terms (interest-only, balloon payments, personal guarantees) applied to Trump’s major property mortgages with Deutsche Bank?
How have refinancings and asset sales by the Trump Organization since 2020 changed its near-term default risk?