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Real Estate Rumors: Citigroup, TMT, Owl Rock

By Andrew McIntyre (March 21, 2018, 5:23 PM EDT) -- Citigroup Inc. has provided a $200 million loan to a venture of Kushner Cos. and KABR Group for a luxury New Jersey apartment tower, Bloomberg reported on Wednesday, citing sources with knowledge of the matter. The loan is for 65 Bay St. in Jersey City, and Kushner Cos. owns 12.5 percent of that property, Bloomberg said. President Donald Trump's son-in-law and special adviser Jared Kushner personally owns 2 percent of the property through a trust, according to the report....

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