Donald Trump’s family hotel lease has been sold to CGI Merchant Group, a Miami-based investment group. Hotel in Washington, DC, within easy walking distance of the White House and Pennsylvania Avenue. It has been reported that CGI Merchant Group plans to change the hotel’s name to anything other than Trump and has signed a contract with Hilton Worldwide Holdings Inc. to have the property operated and branded by the Waldorf Astoria division of Hilton.

The hotel may be leased for a total of 100 years from the federal government, which presently holds title. Some of the biggest hotel rooms in the nation’s capital may be found in the building that was formerly the Old Post Office. The deal is expected to close in the first quarter of 2019. Hearings have been conducted concerning potential conflicts of interest involving Trump as former president by House committees controlled by the Democrats.

Due to the ethical concerns surrounding the Trump family, the hotel’s bottom line has been suffering. Therefore, the property failed despite drawing in plenty of legislators, lobbyists, and Trump fans. The hotel’s lease is being sold because it has been losing money since it debuted in 2016—before Trump was even elected president—in the historic federal building on Pennsylvania Avenue.

The government agency with jurisdiction over the land, the General Services Administration, must first authorize the sale before it can go forward. The hotel has been a magnet for Trump fans and others hoping to curry favor with the president ever when it first opened. Trump’s hotel is conveniently located within walking distance of the White House, connecting two of his major spheres of influence. However, congressional Democrats have attacked Trump in part because of the ambiguity between his presidency and his company, alleging that he exploited his property as the heart of an influence-peddling operation.

Legal action has also been taken against the ex-president on the grounds that the emoluments section of the Constitution was broken by the hotel’s commerce with foreign governments. Officials at the federal level are barred from accepting any kind of remuneration or gift from the opposing government.