Feds Request Records for $285M Loan to a Kushner Family Company
By Steve Neavling
ticklethewire.com
A $285 million loan that Deutsche Bank issued to one of Jared Kushner’s family companies just a month before Election Day has raised the eyebrows of federal prosecutors.
Brooklyn-based prosecutors requested record related to the loan, which provided Kushner Cos., a real estate company, $74 million more than what was paid for the property, the Washington Post reports.
Calling it a “routine” transaction, a spokesman for the firm said the company is cooperating with federal officials.
In October 2016, the company entered into a refinancing deal connected to the 2015 purchase of four primarily empty retail floors of the former New York Times.
Kushner, the son-in-law of Trump, was simultaneously running the company while helping lead the campaign.
Posted: 1/4/18 at 10:25 AM under News Story.
Tags: Deutsche Bank, donald trump, jared kushner, loan
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