Wendy Siegelman Profile picture
Independent journalist bylines Daily Beast, Guardian, Buzzfeed, Byline Times, Senate Intel Russia report, more at https://t.co/W1iyRMN1Zb, tips wendy@newstracs.com

Aug 7, 2019, 5 tweets

A note about Stephen Ross (Equinox, SoulCycle owner) hosting a Trump fundraiser

Ross is Chairman/founder of The Related Companies and is invested in Trump in another way

In 2017 The Related Companies bought an $80 million stake in Ladder Capital - the 2nd largest Trump creditor

Stephen Ross is on this chart from 2017 - he also coincidentally is a client of Rosemary Vrablic at Deutsche, the woman who helped secure massive loans for Trump and Kushner
medium.com/@wsiegelman/tr…

I've said this before and I'll say it again - how most MSM have ignored Ladder Financial, given the role they have as 2nd largest creditor to Trump, is beyond me.

Oh and Trump Org CFO Allen Weisselberg's son is Exec Dir of the originations team at Ladder

* Ladder Capital

To be clear, there's nothing showing The Related Companies $80 mil investment in Ladder Capital is connected directly to Trump loans - Related is a minority shareholder of Ladder, which is a significant Trump creditor

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