Skip To Content
Fast Forward

Jared Kushner’s company plans to raise $100 million in Israel bonds as his time as Mideast adviser nears end

(JTA) — Jared Kushner’s family real estate business wants to raise at least $100 million in capital through Israel’s bond market, according to papers filed near the end of his tenure as President Donald Trump’s main Israel and Middle East adviser.

The Wall Street Journal, which reported the news first on Tuesday, said Kushner Cos. would sell the bonds on the Tel Aviv Stock Exchange.

“The company has had years of success working with Israeli institutions as both a borrower and a partner,” a company spokesman was quoted as saying in the Journal.

During his four years as a senior adviser to Trump, his father-in-law, and a leader of the administration’s Middle East policy team, Kushner has been accused of using his political position for his company’s financial gain through multiple loans that Kushner Cos. or close business allies have received through government lenders.

Kushner Cos., which the Journal reported owns billions of dollars worth of U.S. properties — apartments, office buildings and commercial — has carried over $1 billion in debt for years.

Although Kushner sold the majority of his stake in the company to family members at the beginning of Trump’s term, some commentators insist that conflicts of interest have persisted. He has also been accused of wielding his foreign policy power to influence his company’s position.

The timing of the Israel bonds move could give Kushner’s critics more ammunition, the Journal and Bloomberg report. Kushner has helped spearhead a series of moves that have been applauded by the conservative pro-Israel community, including moving the U.S. Embassy to Jerusalem from Tel Aviv and recognizing Israeli sovereignty in disputed areas such as the Golan Heights. Kushner also has close ties to Israel’s prime minister, Benjamin Netanyahu.

Bloomberg pointed out Kushner was in Israel a week ago on a diplomatic mission.

Kushner Cos. was founded by Jared’s father, Charles, who was convicted of fraud, tax evasion and witness tampering in a 2004 case that involved paying a prostitute to seduce his brother. He was pardoned by Trump last week.

A message from our editor-in-chief Jodi Rudoren

We're building on 127 years of independent journalism to help you develop deeper connections to what it means to be Jewish today.

With so much at stake for the Jewish people right now — war, rising antisemitism, a high-stakes U.S. presidential election — American Jews depend on the Forward's perspective, integrity and courage.

—  Jodi Rudoren, Editor-in-Chief 

Join our mission to tell the Jewish story fully and fairly.

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.