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

Inside The Nationwide Jockeying For Opportunity Zones 2.0

GTIS Partners Rebrands As Brightshore Capital, Launches $250M Debt Platform

Data Center Spills 5,000 Gallons Of Fuel Into New Jersey River

Hines And Rialto Close Office Credit Fund At $1.1B

Chipotle Adding Hundreds Of New Locations Worldwide

'Beyond A Routine Wobble': 10-Year Treasury Clears 5% Ahead Of Key Fed Meeting

Downtown Atlanta Improvement Group Picks Food Bank Chief As Next Leader

Trump's DEI Crackdown Is Creating New Risks For Landlords That Lease To The Government

Airbnb Launches $250M Fund To Invest In Affordable Housing

Brookfield Buys Minority Stake In Hyperscale Data Center Developer AREP

Judge Dismisses Suit Alleging Alexandria Misled Investors Over Portfolio Strength

How Companies Can Eliminate Shadow AI And Gain Value From Artificial Intelligence Tools