Donald Trump 's organization purchased the in June 2012 for $150 million . Key Details of the Acquisition

: The resort was built in 1962 for approximately $10 million.

: After the purchase, Trump launched a $250 million renovation to modernize the hotel and all four golf courses.

: The property was purchased out of bankruptcy from a group including the Paulson & Co. hedge fund.

: Upon closing the deal, the property was renamed Trump National Doral Miami . Notable Transformations