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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsKushner Faces Cash Crunch
August 31, 2017 at 7:09 am EDT By Taegan Goddard
Bloomberg: Jared Kushner, Donald Trumps son-in-law and top adviser, wakes up each morning to a growing problem that will not go away. His familys real estate business, Kushner Cos., owes hundreds of millions of dollars on a 41-story office building on Fifth Avenue. It has failed to secure foreign investors, despite an extensive search, and its resources are more limited than generally understood.
As a result, the tower poses a significant challenge to the company. Over the past two years, executives and family members have sought substantial overseas investment from previously undisclosed places: South Koreas sovereign-wealth fund, Frances richest man, Israeli banks and insurance companies, and exploratory talks with a Saudi developer, according to former and current executives. These were in addition to previously reported attempts to raise money in China and Qatar.
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https://politicalwire.com/2017/08/31/kushner-faces-cash-crunch/
The_Casual_Observer
(27,742 posts)I hope they go bankrupt.
Eliot Rosewater
(31,109 posts)trump does the bidding of putin, sanctions off etc.
brush
(53,764 posts)trying to raise money all over the world to save his family's business.
Great appointment there, orange one.
HAB911
(8,880 posts)How vulnerable can one get to influence?
Achilleaze
(15,543 posts)we don't need no steenkin republican TreasonWeasels continuing to betray America.
avebury
(10,952 posts)With his financial difficulties is a prime candidate to be bought by a foreign country (if he has not done so already) and he should not be allowed anywhere near sensitive information.
BigmanPigman
(51,584 posts)Perhaps she can help cut a deal with Russia by going over there and sitting in Putin's chair (while he is in it) and bat her eyelashes and whisper govt secrets in his ear.
underpants
(182,770 posts)betting it all on red or black - in this case one building. AND paying too much for it.
H2O Man
(73,536 posts)Recommended.
Thank you for this!