Kushner Cos., Bloomberg News is reporting, has received $800 million in federally backed debt to purchase apartments in Virginia and Maryland. Kushner Cos. is a high-end real estate company owned by the family of White House Senior Adviser Jared Kushner, who is married to President Donald Trump’s daughter, Ivanka Trump.
The loan, according to Bloomberg News, was issued by Berkadia, which is co-owned by Warren Buffett’s Berkshire Hathaway and Jefferies Financial Group — and the deal is backed by the government-owned Freddie Mac. Bloomberg News received its information from someone who was familiar with the transaction but agreed to be interviewed only on condition of anonymity.
Peter Mirijanian, a spokesman for Jared Kushner’s attorney Abbe Lowell, has insisted that the president’s son-in-law is not involved in the management of Kushner Cos. In an e-mail in February, Mirijanian told Bloomberg News, “As part of an ethics agreement he has and has followed, Mr. Kushner has had no role in the Kushner Cos. or its activities since joining the government over two years ago. He is walled off from any business or investment decisions and has no idea or knowledge of these activities.”
Kushner Cos. was founded in 1985 by Jared Kushner’s father Charles Kushner, who gave the operation of the company to his son after being convicted of tax evasion and witness tampering in 2005. Charles Kushner was sentenced to two years in prison but only served 14 months.
In February, Bloomberg News reported that Kushner Cos., in a $1.5 billion deal, was purchasing 6030 apartments from the private equity firm Lone Star Funds.
100,000 body bags highlight Trump coronavirus failures in new Lincoln Project ad
‘Tempting fate and asking for trouble’: Dr. Fauci rips Ozark pool partiers for blowing off pandemic safety
Dr. Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases, slammed the large crowds that gathered for a now-infamous pool party in Missouri over the weekend for blowing off social distancing guidelines.
During an interview with CNN's Jim Sciutto, Fauci was asked what he made of the people who were captured on video partying without keeping any distance or wearing any face masks.
"When you have situations in which you see that type of crowding, with no masks and people interacting, that's not prudent and that's inviting a situation that could get out of control," Fauci said. "So I keep -- when I get an opportunity to plead with people, understanding you do want to gradually do this, but don't start leapfrogging over the recommendations and guidelines because that's tempting fate and asking for trouble."
Your election angst is real: Trump’s gonna cheat and it could be total hell
Even though it was a comedy sketch, that line has been thrown in Democrats' faces ever since as an example of their arrogant elitism and failure to understand Real America. Don't you know that the average voter wants a president they can have a beer with, not some egghead know-it-all?