Qatar-Linked Firm Set To Bail Out Kushner Company

The New York Times reports:

The company controlled by the family of the White House adviser Jared Kushner is close to receiving a bailout of its financially troubled flagship building by a company with ties to the government of Qatar, according to executives briefed on the deal.

Charles Kushner, head of the Kushner Companies, is in advanced talks with Brookfield Properties over a partnership to take control of the 41-story aluminum-clad tower 666 Fifth Avenue in Midtown, according to two real estate executives who have been briefed on the pending deal but are not authorized to discuss it.

Brookfield is a publicly traded company, headquartered in Canada, one of whose major investors is the Qatar Investment Authority.

Very related:

According to a Washington Post report, Michael Cohen solicited a payment of at least $1 million from Ahmed al-Rumaihi, who headed the investments division of the country’s sovereign wealth fund, the Qatar Investment Authority, in late 2016. The Qatari investor declined the offer.

The encounter reportedly occurred around the same time that national security advisor Michael Flynn met with Qatar’s foreign minister at Trump Tower on December 12. Steve Bannon was also in attendance at that meeting. Flynn is currently cooperating with authorities for the Russia investigation after pleading guilty to multiple charges against him.