Jared Kushner Selling Stake In Real Estate Firm Whose Value Jumped 500% After Trump Tax Break

Jared Kushner is selling his stake in Cadre, a real estate investment firm that sought to benefit from a tax break Kushner’s father-in-law, President Donald Trump, approved in 2017.The tax law encouraged real estate ventures in “opportunity zones” to help boost the economy in lower income areas.A spokesman for Kushner told Bloomberg that his involvement with the firm, which he helped found in 2014, was making it difficult to bring in new investors.As Kushner also serves as an adviser to the president, questions about conflicts of interest between his real estate ventures and governmental work …

Read More