A real estate company part-owned by Jared Kushner has received $90m in foreign funding from an opaque offshore vehicle since he entered the White House as a senior adviser to his father-in-law Donald Trump. The company operates from a building in Manhattan owned by the Kushner family’s real estate corporation. The offshore Goldman Sachs vehicle began collecting funds for Cadre in August 2017, according to a securities filing. The vehicle is managed by accountants on the Cayman Islands and is owned by another offshore Goldman Sachs entity. Ivanka Trump has been credited by Trump with advocating for an administration policy that promises to be lucrative for real estate developers and investors.

Source: The Guardian June 10, 2019 06:00 UTC