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Born in Buffalo, New York Thomson moved to Jupiter, Florida, in 1962, where he built a real estate business. [8] His mother was a realtor, and he learned the art of selling homes from her. [9] In 1988, Thomson founded the Waterfront Properties and Club Communities. [10]
The Doral Country Club was built for $10 million (equivalent to $104 million in 2024) by Carol Management, a New York-based real estate firm headed by Alfred Kaskel. [4] [5] The club opened in January 1962. [5] [6] The resort was the sister hotel to the famous Doral Hotel on the ocean in Miami Beach, Florida.
The club opened in 2002 as the Ritz-Carlton Golf Club & Spa. In December 2012, Donald Trump purchased the property from Ritz-Carlton for $5 million including the assumption of $30 million in debt from refundable deposits to club members. [1] [2] Former members filed a lawsuit resulting in a February 2017 settlement for $5 million. [3]
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The second Trump-branded golf course, the Trump World Golf Club, was designed by Tiger Woods and developed and built by DAMAC Properties, a company founded by Hussain Sajwani. It was scheduled to be opened in 2017, the year in which a report revealed that migrants working on the project were not being paid on time. [ 21 ]
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