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Just dropped · Trial Balloon · Ep. 192

November Surprises

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Trial Balloon · Ep. 192: November Surprises

Struggling Kushner Property Gets Big Chinese Deal

March 13, 2017 · 12:41 pm ET · Leave a Comment

“A company owned by the family of Jared Kushner, President Donald Trump’s son-in-law and senior adviser, stands to receive more than $400 million from a prominent Chinese company that is investing in the Kushners’ marquee Manhattan office tower at 666 Fifth Ave,” Bloomberg reports.

“The planned $4-billion transaction includes terms that some real estate experts consider unusually favorable for the Kushners. It provides them with both a sizable cash payout… for a property that has struggled financially and an equity stake in a new partnership.”

Mother Jones: Keeping with family tradition, Jared Kushner won’t cut his business ties.

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