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The Trump Organization has signed an agreement to sell its International Hotel in Washington DC for $375 million wall street journal informed of, a hotel that served as a meeting place for former President Trump supporters and Republican lawmakers during his stay in office and is the subject of an ongoing investigation by the House Committee on Oversight and Reform.

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Investment firm CGI Merchant Group has agreed to buy the rights to the property, according to people familiar with the sale. WSJ informed of.

The hotel, which is owned by the government, will be rebranded from Trump Hotel to Hilton Waldorf Astoria.

The sale is expected to be finalized early next year.

The Trump Organization and the CGI Merchant Group have yet to respond Businesshala‘Request for comment.

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