Tuesday, March 14, 2017

More Trump Shady Deals: Now Tied to Son-in-Law Jared Kushner, Co.

Kushner Companies-Anbang (Chinese Insurance Group) Windfall Deal
(The Basics)

No Special Deals for Future Favors, Right
(Yeah, sure)

If after you read this story you still don’t think this “deal” stinks or favors China for any future inside contacts or whatever else they want from this White House, or that it’s all on the up and up, then please allow me to enlighten you about the Easter Bunny, Tooth Fairy, and Santa Claus, too.

This planned $4 billion transaction includes terms that some real estate experts consider unusually favorable for the Kushner’s. 

It provides them with both a sizable cash payout ($400 million) from the Chinese Anbang Insurance Group for a property that has struggled financially and an equity stake in a new partnership (refer to chart above for the other niceties).

There is a lot of nuts and bolts to this story from Bloomberg that continues here. It is very good stuff for sure and boy does it leave a lot of room for tons of questions and answers.

So, keep on top of this story — more updates later, I am sure. Thanks for stopping by.


No comments: