Kushner’s Business Got Millions In Loans After White House Meetings: Report
Jared Kushner is in big, big trouble.
According to a new report, Jared Kushner’s business got millions of dollars in loans after White House meetings.
The news was first reported by The New York Times, which revealed that Joshua Harris, the founder of private equity firm Apollo Global Management, met with Kushner several times in the White House for consideration for a job.
Then subsequent to those White House meetings with Kushner, Kushner’s business received $184 million in loans from Apollo Global Management.
As The New York Times notes, “Even by the standards of Apollo, one of the world’s largest private equity firms, the previously unreported transaction with the Kushners was a big deal: It was triple the size of the average property loan made by Apollo’s real estate lending arm, securities filings show.”
Then in the Spring of 2017, Citigroup loaned Kushner Companies and one of its partners $325 million to finance Brooklyn office buildings, again after meetings with Jared Kushner in the White House.
“That loan was made in the spring of 2017, shortly after Mr. Kushner met in the White House with Citigroup’s chief executive, Michael L. Corbat,” The New York Times reported.
Read the full New York Times report here.
[image via CNN screenshot]