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DHS Overpays $1 B for Detention Warehouses, Trump Allies Profit

5/22/2026

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Summary

Story summary

DHS paid ten times market value for warehouses, yielding million-dollar profits for firms tied to President Donald Trump.
The acquisitions provided detention space for over 41,500 immigrants at dozens of sites.
A Texas warehouse valued at $11 million sold for $123 million, while Arizona and Georgia deals exceeded $70 million and $130 million respectively.
GEO Group and CoreCivic, property owners, each gave $500,000 to President Donald Trump’s inaugural committee and backed his re-election super-PAC.

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Story summary

DHS paid ten times market value for warehouses, yielding million-dollar profits for firms tied to President Donald Trump.
The acquisitions provided detention space for over 41,500 immigrants at dozens of sites.
A Texas warehouse valued at $11 million sold for $123 million, while Arizona and Georgia deals exceeded $70 million and $130 million respectively.
GEO Group and CoreCivic, property owners, each gave $500,000 to President Donald Trump’s inaugural committee and backed his re-election super-PAC.