Bank of Internet, Which Had Been Under Federal Investigation, Appears in Multiple Kushner Deals

Reporting cited here

1. reported

   ProPublica reported that Bank of Internet provided or refinanced $30 million in debt on Kushner Companies' Bushwick project and made a $57 million loan on a New Jersey development; the bank said the transactions underwent ordinary underwriting, and the reporting did not establish that Jared Kushner or the Trump administration influenced the loans.

   Bushwick and New Jersey loan passages, transaction amounts, underwriting response, and investigation context

   Bank of Internet made $30 million and $57 million Kushner loans · Loans reported; terms not fully public