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Speaking with Neil Cavuto of Fox Business News on January 31, billionaire real estate developer Don Peebles said that Donald Trump is poised to win the presidency. Peebles, who started out as a real estate appraiser and has since become a major player in hotel development, has long been associated with the Democratic party. In addition, he was a major contributor and fundraiser for President Obama’s re-election campaign. He has also been associated with the Congressional Black Caucus Speaking to Cavuto, Peebles paid tribute to fellow real estate magnate Trump. He said, “On the Republican side for president, governors, Donald Trump, so you got people who know how to manage things. New York City is an example of what you can get with incompetent management.”