Companies gave Kushner's family business millions in loans following White House meetings

Jared Kushner.
(Image credit: Drew Angerer/Getty Images)

Kushner Cos., the family business of President Trump's son-in-law and senior adviser Jared Kushner, received a loan of $184 million last November from Apollo Global Management, a firm whose founder made several visits to the White House over the year, three people with knowledge of the matter told The New York Times.

Apollo's Joshua Harris met with Kushner multiple times to discuss infrastructure policy, and they also spoke about Harris possibly getting a job with the administration, the Times reports; this never came to fruition. The money from Apollo was used to refinance the mortgage on a Chicago skyscraper owned by Kushner Cos., and according to security filings, it was triple the size of an average property loan made by Apollo's real estate lending division. Kushner Cos. also received a $325 million loan last spring from Citigroup after Kushner met with Citigroup CEO Michael Corbat in the White House; a person with knowledge of the meeting told the Times they discussed financial and trade policy, not Kushner Cos.

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Catherine Garcia, The Week US

Catherine Garcia is night editor for TheWeek.com. Her writing and reporting has appeared in Entertainment Weekly and EW.com, The New York Times, The Book of Jezebel, and other publications. A Southern California native, Catherine is a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.