Federal prosecutors in New York are examining a $285 million loan that Deutsche Bank AG made one month before election day last year to the real-estate company run by the family of Jared Kushner, according to a person familiar with the matter.
Prosecutors from the Brooklyn U.S. attorney’s office issued a document request in mid-November to Kushner Cos., asking for contracts and other information pertaining to the loan from the bank, this person said.
Chris Taylor, a spokeswoman for Kushner Cos., said the company “has cooperated and will continue to cooperate with any reasonable request for information.” A spokesman for Deutsche Bank declined to comment.
A spokesman for the Brooklyn U.S. attorney’s office said he couldn’t “confirm or deny the existence of any investigation.”
In October 2016, the Kushner Cos. finalized a $285 million loan from Deutsche Bank DV, -4.11% as part of a refinancing package for the purchase of a retail space in the former New York Times building in Times Square. At the time of the transaction, Kushner was chief executive officer of Kushner Cos. and was advising the presidential campaign of his father-in-law, Donald Trump.
An expanded version of this report appears on WSJ.com.
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