FILE PHOTO: The Trump Soho Hotel is seen in New York, U.S. on April 9, 2010. REUTERS/Jessica Rinaldi/File Photo
WASHINGTON (Reuters) - Public pension funds in at least seven U.S. states have invested millions of dollars in an investment fund that owns a New York hotel and pays one of President Donald Trump's companies to run it, according to a Reuters review of public records. That arrangement could put Trump at risk of violating an obscure constitutional clause, some legal experts say.
The Trump SoHo Hotel and Condominium in Manhattan is an upscale 46-story property owned by a Los Angeles investment group, the CIM Group, through one of its real estate funds. (Read the most recent amendment to the Trump SoHo’s offering plan: http://tmsnrt.rs/2q3HJH8)
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