~~TRUMP & KUSHNER HAVE MILLIONS FROM GEORGE SOROS (VILEST HEDGE FUNDER ALIVE)
by Admin · February 20, 2017
DEUTSCHE BANK EXAMINES TRUMP’S BANK ACCOUNT FOR DODGY RUSSIAN MONEY GUARANTEES, IVANKA AND JARED KUSHNER ALSO UNDER SUSPICION. BOTH TRUMP AND KUSHNER HAVE MILLIONS FROM MILLIONS SOROS. BLACKMAILED OR BRIBED?
Feb 19 2017
Deutsche Bank is under pressure to appoint an external auditor to examine Donald Trump’s accounts for connections with Russia, reports The Guardian.
Fears that Trump might be hiding a connection to Russia have been highlighted by his failure to publish his tax returns as he promised to do on the campaign trail.
The bank also examined accounts held by Ivanka Trump, the president’s daughter, her husband, Jared Kushner, who serves as a White House adviser, and Kushner’s mother.
Weeks before the election, the bank refinanced most of Kushner’s $370 million of debt against retail spaces Kushner’s company owns in midtown Manhattan.
George Soros also gave 160 million dollars to invest in a Trump project in 2016.
“Donald Trump has lined up three New York hedge funds, including money from billionaire George Soros, to invest $160 million in his Chicago skyscraper, a key piece in perhaps the largest construction financing in the city’s history, according to real estate sources and public documents.”
Soros also gave a 259 million dollar credit to new real estate venture called Cadre which was founded by Donald Trump’s son in law Jared Kushner and his brother Joshua Kushner.
“Soros has had a long and productive relationship with the Kushner family,” reports Jewish Business News.
Donald Trump, Jared and Ivanka Kushner are at the heart of a secretive and sophisticated scam pushing a Globalist and Wall Street agenda in the White House while using respected generals and billionaires to front their operation and hoodwink the public, it has emerged.
In a huge security risk to the USA, two of their operatives Steve Bannon, mentioned to me as possible interview partner by a Russian journalist in June, and KT McFarland are sitting on the National Security Council with access to crucial state secrets. The National Security Council was also implicated by Michael Flynn as a possible source of recent leaks about special operations against ISIS.
Their presence on the council is so important to Trump and Kushner that he is willing to rebuff the military and his core voters by rejecting both Vice Admiral Robert Harward and General David Petraeus for the job as long as they insisted on removing Bannon and McFarland.
“Deutsche Bank, which is under investigation by the US Department of Justice and is facing intense regulatory scrutiny, was looking for evidence of whether recent loans to Trump, which were struck in highly unusual circumstances, may have been underpinned by financial guarantees from Moscow.”
Deutsche laundered $10bn of Russian cash through its Moscow branch, regulators found, raising the possibility that Trump may have gained loans backed by money laundered through Moscow.
Deutsche Bank has been the only financial institution willing to lend Trump significant sums, and against his personal pledge, underlining the potential for black mailing him by recalling loans or implementing stricter conditions if and when the loans go back to the Trump organization.
“In the 1990s other Wall Street banks, which had previously extended him credit, turned off the tap after Trump’s businesses declared bankruptcy four times.
In November 2008 the German bank took the unusual step of suing Trump after he failed to repay $40m of a $640m real estate loan. Trump countersued. The tycoon argued that Deutsche had contributed to the global recession, which had depressed property prices. He demanded $3bn in damages.”
Deutsche Bank has lent Trump 2.5 billion dollars since 1998. He still owes the bank 350 million dollars. That means that Deutsche Bank can recall a loan any time.
“The bank is trying to restructure some of Trump’s roughly $300 million debt as part of an attempt to reduce any conflict of interest between the loan and his presidency, according to a person familiar with the matter. Normally, the removal of a personal pledge might lead to more-stringent terms,” says Bloomberg, implying that Trump is getting softer terms than normal.
In another conflict of interest, Deutsche Bank is being investigated by the Department of Justice, now under the control of Trump.
~~(The story below has legs, the basis for the story is true, the Kushners were co-partners in forming the company. It is also public knowledge that Soros invested $259 million with that company. Whether there is any influence from Soros towards Jared is not known or proven yet.) ~~
By Mark P. Cussen, CFP®, CMFC, AFC | February 17, 2017 — 6:00 AM EST
Estimated valuation: Unknown, probably over $100 million
Product: Online marketplace for real estate investors and operators
IPO Timeline: TBD
Date Founded: June 11, 2014
Cadre identifies itself as “a technology-enabled investment platform that connects qualified individuals and institutions to fully vetted, compelling real estate investment opportunities,” says its website. Headquartered in New York, Cadre was founded by Ryan Williams and Joshua and Jared Kushner. The company enables investments and transactions and also employs a sophisticated platform that allows users to manage the real estate buying process. It also allows users to sell their properties in a secondary marketplace, thus providing some liquidity to a highly illiquid asset class. Cadre’s proprietary technology ultimately provides more transparency and market efficiency, thus enabling buyers to make more informed decisions.
Real Estate Liquidity
Cadre received $68.3 million in two rounds of private funding from eight investors. The most recent round was a $50 million Series B on Jan. 26, 2016. The company has also been granted a $250 million line of credit from George Soros through Soros’ Fund Management. The company now has more than 40 employees peppered with former Square, Google and Facebook folks. They intend to make the real estate market more like the stock market, where wealthy investors can directly purchase a portion of a building that is listed in their network in the same manner than investors can buy shares of stock in a company. Those who invest through Cadre still don’t have immediate liquidity, but that may change in the future. This is a major step forward for real estate investors who previously could only invest directly in this kind of real estate through funds, where a fund manager would decide which buildings to purchase and typically passed few of the details through to the investor.
All of the properties that the company currently lists are located in the U.S., but Cadre plans to expand its market to overseas offerings in the near future. The values of the properties listed with Cadre range from $50 million to $250 million, and their team of analysts selects the properties that it will list. Typically only 1% of all of the properties that are vetted are listed on their exchange. Cadre also boasts that its overhead is lower than most other firms and its fees are about 50% less than the average.
The buying process with Cadre’s platform is a fairly short process. When an investor finds a property through Cadre’s platform that they want to invest in, Cadre will ask the investor how much they want to invest, and the investor will then put down a minimum of $500,000—up to tens of millions of dollars—into a specific property or group of properties. Cadre will then come back to the investor within a few weeks and let them know how much they are able to invest in these properties. Sometimes, the investor is only allowed to invest a smaller amount in a given property or properties.
Donald Trump’s election as president has raised the question of whether Cadre will benefit directly from its connection to the Trump Administration, as founder Jared Kushner is married to Ivanka Trump and is one of Trump’s top advisors. Kushner has sold off several of his family’s assets to avoid potential conflicts of interest, but some are not convinced that this possibility has been eliminated.
Cadre has now funded hundreds of millions of dollars’ worth of deals and may expand its platform to include other types of illiquid assets in the future. There is a huge market in which the company can carve out its niche, and its future prospects appear to be very bright. (For related reading, see: 10 Habits of Highly Effective Real Estate Investors.)
Read more: Cadre | Investopedia http://www.investopedia.com/articles/tech/021717/cadre.asp#ixzz4Zk6hEivY
Follow us: Investopedia on Facebook