The_Trump_Group

The Trump Group

The Trump Group

American developer of luxury condominiums unrelated to Donald Trump


The Trump Group, based in Aventura, Florida, is a developer of luxury condominiums and investor in private companies; it is not related to the Trump Organization, owned by Donald Trump.[1] Its projects include Williams Island in Aventura, Estates at Acqualina, and Luxuria in Boca Raton.[2][3][4]

History

The company was founded by Jules and Eddie Trump (who are not related to Donald Trump[5]), Jewish brothers who moved to the United States from South Africa in the 1970s. In 1980, the brothers began their first project, Williams Island in Aventura.[6][7][8]

Initially based in New York, the company purchased the Seattle-based Pay 'n Save drug store chain in 1984.[9] Shortly after its purchase of Pay 'n Save, after a magazine incorrectly ascribed the purchase to Donald Trump, the company was unsuccessfully sued by the Trump Organization over the use of the Trump name; however, The Trump Group's trademark was revoked in 1988.[10]


References

  1. "Florida Condo Developer Takes Out Miami Area's Biggest Construction Loan in Years". Bloomberg News. October 3, 2018.
  2. Apgar, Sally (July 1, 2009). "The other Trumps". The Real Deal.
  3. Sell, Mark (July 2016). "We Have Our Own Trumps, Thank You". Biscayne Times. Archived from the original on June 10, 2017. Retrieved January 16, 2022.
  4. Scardino, Albert (February 7, 1988). "In Bjusiness, U.S. Says Donald is Trump". The New York Times. Retrieved January 16, 2022.
  5. Barron, James (January 31, 2016). "How Donald Trump Tried to Protect His Name From Others Who Shared It". The New York Times. Retrieved January 16, 2022.

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