SUBSCRIBERS

Kushner Cos secures US$57m loan for troubled New Jersey towers

Published Wed, Jan 24, 2018 · 09:50 PM
Share this article.

New York

KUSHNER Cos, the real estate company owned by Jared Kushner's family, secured a US$57 million loan from Fortress Investment Group for a troubled two-tower development in New Jersey.

The loan is likely to be only a small piece of what would be needed to complete the project. Filings to the the New Jersey Economic Development Authority in 2015, for an earlier iteration of the towers, antici…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Property

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here