Kushner Companies
American real estate developer
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2025 | Senate confirmed Kushner's ambassadorial nomination with a vote of 51-45, with Cory Booker being the only Democratic senator to support his confirmation. |
May 19 2025 | Confirmed by the United States Senate as the U.S. ambassador to France during Trump's second administration, with a vote of 51-45. |
February 12 2025 | Kushner's nomination as U.S. ambassador to France was formally sent to the Senate, currently pending before the Senate Foreign Relations Committee. |
November 30 2024 | President-elect Trump announced via social media that he would nominate Charles Kushner to be the United States ambassador to France in his second term. |
2023 | Charles Kushner was one of the largest donors to a Trump super PAC, donating $1 million. |
2020 | Kushner Companies received $786 million in government-backed loans from Freddie Mac to purchase thousands of apartments in Maryland and Virginia, raising potential conflict of interest concerns due to Jared Kushner's role in the White House. |
2020 | Relocated company headquarters to the GM Building in Manhattan. |
December 23 2020 | Charles Kushner received a pardon from President Donald Trump, who is his son's father-in-law. |
May 2019 | The New York Times reported that anti-money laundering specialists at Deutsche Bank detected suspicious transactions involving Kushner Companies entities, including money moving to Russian individuals. |
2018 | Kushner Companies sold 666 Fifth Avenue property, a significant real estate holding in New York City. |
August 2018 | Brookfield Properties signed a 99-year lease for the 666 Fifth Avenue property, paying $1.286 billion and effectively taking full ownership of the building. |
2017 | Nicole Kushner Meyer joined Kushner Companies as a principal, but was later criticized for mentioning Jared Kushner's White House position during investor presentations in China. |
December 2017 | The United States District Court for the Eastern District of New York subpoenaed Deutsche Bank records related to Kushner Companies. |
December 2017 | Bloomberg News published a study revealing Kushner Companies owned stakes in over 60 buildings in New York City. |
September 2017 | The United States Attorney's office subpoenaed Kushner Companies regarding their use of the EB-5 visa program. |
June 2017 | Trump Bay Street reached half occupancy and was valued up to $360 million, prompting the Kushners to seek $250 million in refinancing. Jared Kushner retained his interest in the building after becoming senior advisor to President Donald Trump. |
May 2017 | President Trump renewed the EB-5 visa program, which Kushner Companies had been using to fund developments. |
2016 | Kushner Companies opened Trump Bay Street, a luxury 53-story apartment tower in Jersey City, New Jersey, in partnership with a company linked to Beny Steinmetz. The $250 million project was financed through a $30 million cash investment and $190 million in loans. |
2016 | As of the end of 2016, Charles Kushner and his family were estimated to have a net worth of $1.8 billion. |
August 2015 | In August, Charles Kushner donated $100,000 to Donald Trump's Make America Great Again PAC, supporting Trump's 2016 presidential campaign. |
August 2011 | Kushner Companies presented a scaled-back design for the Landings at Harborside residential development to the Perth Amboy Redevelopment Agency, proposing rental housing and preserving historic buildings. |
This contents of the box above is based on material from the Wikipedia articles Kushner Companies & Charles Kushner, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.