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Company part-owned by Jared Kushner got $90 million from unknown offshore investors since 2017 - Overseas investment flowed to Cadre while Trump’s son-in-law works as US envoy, raising conflict of interest questions, by @jonswaine
theguardian.com/us-news/2019/j…
theguardian.com/us-news/2019/j…
Kushner owns a stake in Cadre valued at up to $50 million per his latest financial disclosure form. He had failed to list Cadre on his first ethics disclosure, later adding the company and saying the omission was inadvertent.
theguardian.com/us-news/2019/j…
theguardian.com/us-news/2019/j…
Cadre opens "Institutional-grade" deals directly to the public, says it is “democratizing” real estate investment. They recently announced plans to raise $ & invest in areas covered by “opportunity zones” programs pushed heavily in the WH by Ivanka Trump
theguardian.com/us-news/2019/j…
theguardian.com/us-news/2019/j…
The $90 million paid to Cadre by offshore investors came through a vehicle, Cadre Access Offshore LP, run by Goldman Sachs in the Cayman Islands, a tax haven that guarantees corporate secrecy.
sec.gov/Archives/edgar…
sec.gov/Archives/edgar…
