Donald Trump Buys Kluge Estate Winery, Trump Brand Comes to Town, and Kluge/Moses Still Owe Farm Credit Millions

The business and property lost 78% of its value in 4 years.

$34.8Million: original loan from Farm Credit to Patricia Kluge / Bill Moses in 2007/09
$19 Million: Farm Credit "buys back" Kluge Estate Vineyard at foreclosure auction in December 2010
$7.3 Million: the majority of property 750+ acres is sold to Trump for $6.2M and Loudon County developer Sam Cangione buys 100+ acres w/division rights