The Trump Group

American developer of luxury condominiums unrelated to Donald Trump From Wikipedia, the free encyclopedia

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was unsuccessfully sued by the Trump Organization over the use of the Trump name; however, The Trump Group's trademark was revoked in 1988.[10]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

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