Real Estate

Jared Kushner decides not to divest from real estate tech start-up

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Senior Advisor to the President Jared Kushner walks off Marine One at the White House after spending the weekend at Bedminster, New Jersey on June 14, 2020 in Washington, DC.

Olivier Douliery | AFP | Getty Images

President Donald Trump’s son-in-law and senior advisor has decided to remain an investor for the time being in real estate tech start-up Cadre, which he co-founded.

Jared Kushner made the decision as part of a private agreement he made with the company, according to people with direct knowledge of the matter. Kushner and the company put the divestiture on hold with the understanding that while he remains an investor, Cadre will not seek out foreign investors, these people…



Source cnbc.com

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