
Donald Trump’s son-in-law, Jared Kushner, is part of a group that invested in 5,500 residential units in and around Baltimore years ago, according to Multifamily Executive magazine.
“Armed with a deep network of industry connections and financial partners, Kushner stealthily targets complex off-market mega-deals for properties that aren’t exactly jet set destinations,” the publication said in a September 2012 story. “The company aims for distress-ridden class B apartment communities in second-tier cities such as Toledo and Baltimore.”
That August, “Kushner bought 5,500-plus units in and around Baltimore through a complicated transaction refinancing past-due debt with $371 million in fresh Freddie Mac financing – and netting a 25 percent ownership stake for a Kushner-led investment group,” the article continued.
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