Skip To Content
We’ve Taken Down the Forward Paywall: An Open Letter to Our ReadersRead Now
Fast Forward

Federal Prosecutors Go After Records For $285M Loan To Kushner Companies

Federal prosecutors in Brooklyn are seeking records from both Deutsche Bank and Kushner Companies for a $285 million loan made by the bank to the real estate company, the Washington Post reported.

The loan was secured in 2015, when Jared Kushner was head of the company and playing a major role in Donald Trump’s presidential campaign. It was part of a refinancing deal that gave Kushner Cos. $74 million more than it had paid for several retail floors of the New York Times building in midtown Manhattan.

The loan was personally guaranteed by Kushner and his brother Joshua.

Deutsche Bank is one of the biggest lenders to Kushner Cos. and the Trump Organization. Trump’s company owes over $360 million in debt to the bank.

The investigation does not appear to be related to the ongoing investigation by Special Counsel Robert S. Mueller III into Russian intervention in the 2016 presidential election.

A spokeswoman for Kushner Cos. said the company is participating in the review of the loan.

Contact Ari Feldman at [email protected] or on Twitter @aefeldman


Republish This Story

Please read before republishing

We’re happy to make this story available to republish for free, unless it originated with JTA, Haaretz or another publication (as indicated on the article) and as long as you follow our guidelines. You must credit the Forward, retain our pixel and preserve our canonical link in Google search.  See our full guidelines for more information, and this guide for detail about canonical URLs.

To republish, copy the HTML by clicking on the yellow button to the right; it includes our tracking pixel, all paragraph styles and hyperlinks, the author byline and credit to the Forward. It does not include images; to avoid copyright violations, you must add them manually, following our guidelines. Please email us at [email protected], subject line “republish,” with any questions or to let us know what stories you’re picking up.

We don't support Internet Explorer

Please use Chrome, Safari, Firefox, or Edge to view this site.