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http://therealdeal.com/2016/05/17/ja...lyn-supertall/
Jared Kushner funding JDS and Chetrit’s Brooklyn supertall
Kushner Cos. and Moinian Group launched lending platforms this year
May 17, 2016
By Konrad Putzier
Quote:
Kushner Companies is a mezzanine lender on JDS Development Group’s and Chetrit Group’s supertall mixed-use development in Downtown Brooklyn, The Real Deal has learned.
Kushner Cos.’ involvement was not previously disclosed, and the size of the loan the Jared Kushner-led firm is providing isn’t immediately clear. JDS and Chetrit also landed a $115 million senior loan from a subsidiary of Fortress Investment Group to finance the acquisition of 340 Flatbush and refinance 9 DeKalb. The partners are yet to secure a construction loan.
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