The famous financier and host of NBC’s Celebrity Apprentice quietly made a deal last week with Ritz-Carlton for the 215-acre community of million-dollar homes built around a world-class golf course.
The sale has been announced to homeowners but not made official to the public at large. The terms and financial details are being kept confidential.
When reached in Scotland today, Trump declined comment. The contract has yet to be consummated.
“I like to keep things quiet,” he said jokingly, adding: “Members have contacted me about taking over.”
The clubs includes houses ranging between $1.5 million and $4 million, and houses used for the Ritz-Carlton Destination Club, a fractional membership club.
It is likely that the community’s name will change to reflect the takeover by Trump’s golf company.
A Ritz-Carlton insider said the property hasn’t been as profitable as expected.
It is Trump’s third major property in Palm Beach County. He owns Mar-a-Lago Club in Palm Beach and Trump International Golf Club in West Palm Beach.
Earlier this year, he bought the legendary Doral golf resort near Miami to make it the Trump National Doral.