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SOLD : Trump Marina For $316M

By Chuckmonster on Thursday, 29th May 2008 5:17pm
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Trump Marina, formerly Trump Castle, has been sold to Coastal Marina LLC. Coastal Marina LLC is headed by Richard T. Fields, a former Trump exec who has been embroiled in litigation with his former employer about a soured deal to develop numerous Hard Rock casinos with the Seminole tribe in Florida.

Coastal Marina LLC plans to re-brand the soon-to-be-former Trump Marina as a Margaritaville casino named after the way over played song by supremely lousy rock crooner Jimmy Buffett.

With the announcement of the deal, Trump Entertainment Resorts says they have no plans to sell Trump Taj Mahal or Trump Plaza, but instead focus on redeveloping the properties.

More on this at the AC Press.

Comments & Discussion:

i wonder if this coastal marina llc company was the mystry bidder for the tropicana??? speakin of, wheres parts 2 of "the next item up for bid" hahahahahaha

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