Kushner Cos., the real estate firm owned by the family of President Donald Trump’s son-in-law Jared Kushner, has sought financing from federally-owned lenders for its biggest purchase in a decade.
Federal Reserve policy makers look to be leaning toward shortening the average maturity of their holdings of Treasury securities once they complete normalization of the balance sheet later this year.
Zillow Group Inc. shares gained the most on record after the company, which runs the biggest U.S. home-search website, said Rich Barton would return as top executive in a bid to win investors’ backing for its plan to buy homes and originate mortgages.
John Havens, Citigroup Inc.’s former president and chief operating officer, has been caught up in the same prostitution bust that has also ensnared New England Patriots owner Bob Kraft.
Kushner Cos., the property company owned by the family of Jared Kushner, President Donald Trump’s son-in-law and senior adviser, acquired a rental-apartment portfolio for $1.15 billion, the firm’s biggest purchase in more than a decade.
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