Freddie Mac financed Kushner apartment deals with $786 million
Reporting and findings
- estimate
ProPublica identified 18 Freddie Mac loans totaling $786 million to Kushner Companies apartment deals after Jared Kushner entered the White House; its analysis found 13 of 16 comparable loans exceeded its five-point profitability threshold, while Freddie Mac rejected the methodology and said politics played no role.
- ProPublica: The Kushners' Freddie Mac Loan Wasn't Just Massive. It Came With Unusually Good Terms, Too.Eighteen-loan total, five-factor comparison, government-backed risk, methodology, and Freddie Mac response
Summary and current status
The financing shifted mortgage risk into a government-sponsored enterprise while Kushner was a White House adviser.
Eighteen Freddie Mac loans reviewed
People and organizations
- Kushner Companiesborrower or deal sponsor
- Donald J. Trumpfather-in-law who appointed Jared Kushner as a White House senior adviser
- Freddie Macgovernment-sponsored lender
- Jared Kushnerson-in-law and White House senior adviser whose family company borrowed from Freddie Mac
Relationships in this file
- Freddie Macfinanced apartment portfolio through 18 loansKushner Companies
- Donald J. Trumpson-in-law and White House senior adviser whose family company borrowed from Freddie MacJared Kushner
Money trail
investmentFreddie Mac loan principal$786,000,000 - Investor / source
- Freddie Mac
- Investment recipient
- Kushner Companies apartment deals