WASHINGTON — The New York Times reports that two companies made loans worth more than half a billion dollars to Jared Kushner’s family real estate firm after executives met with Kushner at the White House.
In a phone call with The Associated Press Wednesday night, Kushner Cos. spokeswoman Christine Taylor confirmed the loans but said the implication that Kushner’s position in the White House had affected the company’s relationships with lenders is “without substantiation.”
Kushner is a White House senior adviser and the son-in-law of President Donald Trump.
A spokesman for Kushner’s lawyer, Abbe Lowell, says Kushner “has had no role in the Kushner Companies since joining the government.”
The Times reports that private equity firm Apollo Global Management lent $184 million to Kushner Cos., and banking giant Citigroup lent Kushner Cos. and one of its partners $325 million.