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Kushners Real Estate Deal: $400 Million from Chinese Firm

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A company owned by the family of Jared Kushner, Donald Trump’s son-in-law, stands to receive over $400 million from China’s Anbang
A company owned by the family of Jared Kushner , U. S. President Donald Trump’s son-in-law, stands to receive over $400 million from China’s Anbang Insurance Group , that is investing in a Manhattan building owned by the Kushners, Bloomberg reported.
Details of the agreement are being circulated to attract additional investors, Bloomberg reported on Monday.
The building, a 41-floor tower located at 666 Fifth Avenue, was purchased by Kushner Companies in 2006 for $1.8 billion, which at the time was the highest sales price for a single building in Manhattan.

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