Jared Kushner's company got over $500million in loans

Jared Kushner’s family real estate business received hundreds of millions of dollars in loans from two giant investment firms after he held meetings with their executives in the White House last year, it was reported on Wednesday.

Kushner Companies received over $500million from Apollo Global Management and Citigroup, according to The New York Times.

The loan payments will likely raise ethics questions since White House officials are typically not permitted to use their positions in order to benefit their personal businesses.

Kushner's business received $184million from Apollo in early 2017 after a series of meetings he held at the White House with the equity firm’s founder, Joshua Harris.

Jared Kushner’s family real estate business received hundreds of millions of dollars in loans from two giant investment firms after he held meetings with their executives in the White House last year, it was reported on Wednesday

Harris was reportedly at the White House frequently to advise the administration on infrastructure policy.

The loan that his company gave to Kushner’s firm was to refinance a mortgage on a skyscraper that he owns in Chicago.

In the spring of 2017, Kushner Companies and one of its partners received an even larger loan - $325million from Citigroup.

That loan was to help finance a number of office buildings in Brooklyn, according to the Times.

Citigroup extended the loan to Kushner Companies after Jared Kushner met at the White House with the firm’s CEO, Michael Corbat.

Abbe Lowell, Kushner’s lawyer, did not dispute that the meetings took place.

A spokesperson for Lowell, Peter Mirijanian, said Kushner ‘has met with hundreds of business people.’

He said Kushner ‘has taken no part of any business, loans or projects with or for’ Kushner Companies since he joined the administration.

Kushner's business received $184million from Apollo in early 2017 after a series of meetings he held at the White House with the equity firm’s founder, Joshua Harris (above)

Kushner's business received $184million from Apollo in early 2017 after a series of meetings he held at the White House with the equity firm’s founder, Joshua Harris (above)

Kushner is considered a top aide to the president who has an extensive portfolio that includes Israeli-Palestinian peace; relations with Canada, Mexico, and China; and streamlining government services.

A spokesperson for Kushner Companies denied that Jared Kushner’s White House role played a part in securing the loans.

‘Stories like these attempt to make insinuating connections that do not exist to disparage the financial institutions and companies involved,’ the spokesperson said.

A spokesperson for Apollo also

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