Presidential Ties: More Kushner Relatives Mention First Family In Pitch To Foreign Investors

Earlier this month Kushner Cos. came under fire for name-dropping Jared Kushner, son-in-law and senior adviser to President Donald Trump, during a pitch to Chinese investors in Beijing. It turns out another family member, Murray Kushner, Charles Kushner's brother and real estate rival, did something similar earlier this month.

In an attempt to secure funding for a Jersey City apartment project, Murray’s company, the Kushner Real Estate Group, told potential Chinese investors they could "work hand-in-hand with Trump son-in-law Kushner” if they invest in the 235 Grand St. apartment tower, Bloomberg reports. The company also touted pictures of Jared with the president, telling investors they could get a U.S. resident visa through the EB-5 program if they invested $500K into the project.

Spokesmen for both KRE and Kushner Cos. said neither Trump nor Jared have any involvement with the project, but that has not deterred critics from accusing Trump, the Kushners and their extended family members for using presidential ties to further their businesses.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Social Housing Providers Turn To Bond Markets To Fund Expansions

Political Campaigns Have Spent $87M Making Data Centers A TV Villain

Soar AI Secures $1B Equity For Industrial-To-Data-Center Development

Service Properties Trust Gets Surprise $2B Cash Bid For 93 Hotels

Ireland's AI Funding Boom Helps Drive Down Dublin Office Vacancy Rates

How AI Is Reshaping Brokerage Operations And Investor Portfolios

Meet The Early Movers In America's $3T Push For Manufacturing Construction

Spirit Christmas Unveils Plans To Grow Store Count This Holiday Season

Hurricane Isaias Puts More Than $40B In Multifamily Property In Its Path

Braemar Inches Closer To Ashford Breakup With $372M Hotel Sale

Transformers: Yet Another Data Center Power Infrastructure Supply Chain Bottleneck

Proposed EPA Rule Change Could Cut Months From Timelines Of Projects Near Wetlands