SOLD : Trump Marina For $316M
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.
More on this at the AC Press.
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