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Wendy Siegelman @WendySiegelman
, 5 tweets, 2 min read Read on Twitter
Brookfield Asset Mgmt to take control of 666 Fifth in 99-year lease deal - Canadian firm will pay rent up front so Kushner Companies can exit the property, by paying down its $1.1 bil mortgage and buying out stake held by Vornado Realty Trust for $120 mil
therealdeal.com/2018/08/03/bro…
Here's original WSJ story (behind paywall)
666 Fifth Avenue has been a controversial investment for Jared Kushner and the family business. Now it’s being sold. wsj.com/articles/kushn…
Mueller was reported to be interested in Kushner's discussions during the transition about financing for 666 Fifth Avenue w/Chinese investors & Qatari investor
Tom Barrack's Colony Capital and Stephen Feinberg's Cerberus Capital had both bought some of Kushner's debt in the 666 Fifth Avenue building
More from @jedshug who created a timeline on Qatar/Russia/Kushner and an overview of how Brookfield, the fund saving Kushner, is linked to both Qatar and UAE
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