The Trump Organization has reportedly reached an agreement to sell the lease for its Washington, D.C. hotel for $375 million, multiple sources reported. CGI Merchant Group, a Miami-based investment firm, reached an agreement with former President Donald Trump’s family hotel company to purchase the lease for the Trump International Hotel on Pennsylvania Avenue, The Wall Street Journal reported Sunday. CGI also reached a deal with Hilton World Wide Holdings to rebrand the hotel as part of Hilton’s Waldorf Astoria group. The federal government owns the building, but with extensions, the lease runs for almost 100 years, according to the WSJ. Trump’s firm acquired the lease in 2013 with a base rent of $250,000 per month, the Washington Business Journal reported at the time. The company reportedly invested an additional $200 million to turn the property into a luxury hotel. The Trump Organization, CGI Merchant Group, and Hilton World Wide Holdings did not immediately respond to The Daily Caller …