Kushner Companies has made its largest acquisition since it paid a record $1.8 billion for 666 Fifth Avenue more than a decade ago. Kushner Cos. paid $1.1 billion to buy a portfolio of 6,000 rental apartments in Maryland and Virginia from the private-equity firm Lone Star Funds, the Wall Street Journal reported. The deal comes less than a year after Brookfield Asset Management bailed Kushner out of its troubled investment at 666 Fifth Avenue, purchasing […]
source https://therealdeal.com/2019/02/22/kushner-cos-picks-up-1-1b-multifamily-portfolio/
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