BREAKING: Hunter Biden’s Business Entity Owasco Made DIRECT Monthly Payments to Joe Biden – WITH RECEIPTS!

[Nostra]

I understand your frustration. Dealing with willfully ignorant folks like otto105 is futile. Facts are not relevant to their opinions.

But it’s fun to rub his nose in his colossal ignorance.

 

[otto105]

Business career​

Following his father's conviction and subsequent incarceration between March 4, 2005, and August 25, 2006, Kushner took a much bigger role in the family real estate business.[30] He set about expanding the business and acquired almost $7 billion in property over the next ten years, much of it in New York City.[31] As of 2019, Kushner's net worth is estimated at $800 million.[32]

Real estate​

Kushner was an active real estate investor during his college years, and increased the Kushner Companies' presence throughout the New York City real estate market.[33]

Kushner Companies purchased 666 Fifth Avenue in 2007 for $1.8 billion, the most expensive single property purchase in US history at the time.[34]
Kushner Companies purchased the office building at 666 Fifth Avenue in 2007, for a then-record price of $1.8 billion, most of it borrowed.[34] He assumed the role of CEO in 2008.[35] Following the property crash that year, the cash flow generated by the property was insufficient to cover its debt service, and the Kushners were forced to sell a controlling stake in the retail footage to The Carlyle Group and Stanley Chera[36] and bring in Vornado Realty Trust as a 50% equity partner in the ownership of the building.[37] By that time, Kushner Companies had lost more than $90 million on its investment.[38] He was the face of the deal but his father Charles Kushner pushed him to do the deal.[39]

In 2011, Kushner purchased a 130,000 square foot office tower at 200 Lafayette Street in Manhattan for $50 million, selling it two years later for $150 million.[40][41] On August 18, 2014, Kushner acquired a three-building apartment portfolio in Middle River, Maryland, for $38 million with Aion Partners, later selling the complex for $68 million.[42] In 2013, his company led a transaction to purchase the Jehovah's Witnesses headquarters in Brooklyn Heights for $375 million and invested $100 million into the site, transforming it into a sprawling office park, and signing online retailer Etsy to a 10-year lease.[43][44]

In 2013, Kushner co-founded WiredScore, a global organization that provides a digital connectivity certification rating the quality and resilience of digital infrastructure in buildings.[45]

Throughout 2013 to 2014, Kushner and his company acquired more than 11,000 units throughout New York, New Jersey, and the Baltimore area.[46] In May 2015, he acquired a 50.1% stake of the Times Square Building from Africa Israel Investments Ltd. for $295 million.[47]

In May 2015, Kushner purchased a majority stake of One Times Square for $295 million.[47]
In 2014, Kushner, with his brother Joshua and Ryan Williams, co-founded Cadre (now RealCadre LLC), an online real-estate investment platform. His business partners included Goldman Sachs and billionaire George Soros, a top Democratic Party donor.[48][49][50] In early 2015, Soros Fund Managementfinanced the startup with a $250 million credit line.[48][51] Kushner did not identify these business relationships in his January 2017 government financial-disclosure form.[48][52] He did, however, disclose his ownership of BFPS Ventures, the company that housed his stake in Cadre.[48][53] In 2020, his ownership stake in Cadre was estimated at $25–50 million.[54]

Newspaper publishing​

Kushner (right) with The New York Observer's then editor-in-chief Peter W. Kaplan, September 2008.
In 2006, Kushner purchased The New York Observer, a weekly New York City newspaper, for $10 million,[55] outcompeting a bid by Trifecta Enterprises, a group headed by Robert De Niro. To make the bid, Kushner used money he says he earned during his college years by closing deals on residential buildings he purchased in Somerville, Massachusetts,[56]with family members providing the backing for his investments.[57]The buildings, which he purchased for $8.3 million in 2000, sold four years later for $13 million.[58]

After purchasing the Observer, Kushner published it in tabloid format.[59] Since then, he has been credited with increasing the Observer's online presence and expanding the Observer Media Group.[60][61]With no substantial experience in journalism, Kushner could not establish a good relationship with the newspaper's veteran editor-in-chief, Peter W. Kaplan.[62] "This guy doesn't know what he doesn't know", Kaplan remarked about Kushner, to colleagues, at the time.[62] As a result of his differences with Kushner, Kaplan quit his position. Kaplan was followed by a series of short-lived successors until Kushner hired Elizabeth Spiers in 2011.[63] It has been alleged that Kushner used the Observer as propaganda against rivals in real estate.[63][64] Spiers left the newspaper in 2012. In January 2013, Kushner hired a new editor-in-chief, Ken Kurson. Kurson had been a consultant to Republican political candidates in New Jersey.[63]

According to Vanity Fair, under Kushner, the "Observer has lost virtually all of its cultural currency among New York's elite, but the paper is now profitable and reporting traffic growth ... [it] boasts 6 million unique visitors per month, up from 1.3 million in January 2013".[65] In April 2016, the New York Observer became one of only a handful of newspapers to officially endorse United States presidential candidate Donald Trump in the Republican primary, but the paper ended the campaign period by choosing not to back any presidential candidate at all.[66][67]

Kushner stepped down from his newspaper role in January 2017 to pursue a role in President Donald Trump's administration. He was replaced by his brother-in-law, Joseph Meyer

No where in his history includes him running a hedge fund.

How does a guy with no history of such get 2 Billion dollars of Saudi blood money.

 

[Markle]

Kushner had no relevant experience in investment banking and giving him money was extremely risky. The Saudis would have never invested if he wasn’t related to Trump.

Thank you for grudgingly acknowledging your willful ignorance on this issue. Your desperate "WHATABOUTISM" is childish and unbecoming to you.

 

[Markle]

No where in his history includes him running a hedge fund.

How does a guy with no history of such get 2 Billion dollars of Saudi blood money.

 

[otto105]

Maybe you can show us all where he worked as an investment hedge fund manager or bought a firm for cover.

 

[Marener]

Thank you for grudgingly acknowledging your willful ignorance on this issue. Your desperate "WHATABOUTISM" is childish and unbecoming to you

Uh, what?

Before Giving Billions to Jared Kushner, Saudi Investment Fund Had Big Doubts (Published 2022)

Before committing $2 billion to Mr. Kushner’s fledgling firm, officials at a fund led by the Saudi crown prince questioned taking such a big risk.

www.nytimes.com

 

[Nostra]

No where in his history includes him running a hedge fund.

How does a guy with no history of such get 2 Billion dollars of Saudi blood money.

A hedge fund typically invests much the same as his previous experience, Dipshit.

Kushner made hundreds of millions in investments.

Crackhead’s only business experience was in buying crack and underage hookers.

 

[Nostra]

Uh, what?

Before Giving Billions to Jared Kushner, Saudi Investment Fund Had Big Doubts (Published 2022)

Before committing $2 billion to Mr. Kushner’s fledgling firm, officials at a fund led by the Saudi crown prince questioned taking such a big risk.

www.nytimes.com

You just confirmed your ignorance, Vermin.

 

[otto105]

A hedge fund typically invests much the same as his previous experience, Dipshit.

Kushner made hundreds of millions in investments.

Crackhead’s only business experience was in buying crack and underage hookers.

Nice reach around fuckup, but no.

Not the same as his property management companies.

 

[Marener]

You just confirmed your ignorance, Vermin.

A panel that screens investments for the main Saudi sovereign wealth fund cited concerns about the proposed deal with Mr. Kushner’s newly formed private equity firm, Affinity Partners, previously undisclosed documents show.

Those objections included: “the inexperience of the Affinity Fund management”; the possibility that the kingdom would be responsible for “the bulk of the investment and risk”; due diligence on the fledgling firm’s operations that found them “unsatisfactory in all aspects”; a proposed asset management fee that “seems excessive”; and “public relations risks” from Mr. Kushner’s prior role as a senior adviser to his father-in-law, former President Donald J. Trump, according to minutes of the panel’s meeting last June 30.

But days later the full board of the $620 billion Public Investment Fund — led by Crown Prince Mohammed bin Salman, Saudi Arabia’s de facto ruler and a beneficiary of Mr. Kushner’s support when he worked as a White House adviser — overruled the panel.

 

[Freedomisneverfree]

When Hunter left that cocaine in the room, he should have taken it on the street and sold it, to give daddy some money, but darn, but darn, he put it up his nose instead.

 

[Markle]

Nice reach around fuckup, but no.

Not the same as his property management companies.

 

[Nostra]

Nice reach around fuckup, but no.

Not the same as his property management companies.

So you didn’t read my link.

Got it.

Now, about Crackhead’s experience in oil and gas, and the Ukraine…….

 

[Nostra]

A panel that screens investments for the main Saudi sovereign wealth fund cited concerns about the proposed deal with Mr. Kushner’s newly formed private equity firm, Affinity Partners, previously undisclosed documents show.

Those objections included: “the inexperience of the Affinity Fund management”; the possibility that the kingdom would be responsible for “the bulk of the investment and risk”; due diligence on the fledgling firm’s operations that found them “unsatisfactory in all aspects”; a proposed asset management fee that “seems excessive”; and “public relations risks” from Mr. Kushner’s prior role as a senior adviser to his father-in-law, former President Donald J. Trump, according to minutes of the panel’s meeting last June 30.

But days later the full board of the $620 billion Public Investment Fund — led by Crown Prince Mohammed bin Salman, Saudi Arabia’s de facto ruler and a beneficiary of Mr. Kushner’s support when he worked as a White House adviser — overruled the panel.

Cool story. But it still shows the money still belongs to the Saudis, not Kushner.

Give up Simp, you clowns lose this bullshit Dimtard talking point every time you spew it. Been happening for years now. Smarten up, vermin.

 

[otto105]

So you didn’t read my link.

Got it.

Now, about Crackhead’s experience in oil and gas, and the Ukraine…….

Sure fuckup, is real estate a liquid asset?

 

[Nostra]

Sure fuckup, is real estate a liquid asset?

Why do you ask?

 

[Marener]

Cool story. But it still shows the money still belongs to the Saudis, not Kushner.

Give up Simp, you clowns lose this bullshit Dimtard talking point every time you spew it. Been happening for years now. Smarten up, vermin.

You really aren’t very smart.

 

[Nostra]

You really aren’t very smart.

Prove me wrong, vermin.

 

[otto105]

Why do you ask?

Do you know what a hedge fund is?

 

[Nostra]

Do you know what a hedge fund is?

Yep. My question stands.