Kushners Set to Get $400 Million From Chinese Firm on Tower - Bloomberg
'In addition to the $400 million from Anbang, the Kushners will receive another $100 million from other investors. '
'In the process, an existing mortgage owed by the Kushners will be slashed to about a fifth of its current amount. '
'But according to the deal documents, the Kushners will settle the debt for just $50 million. '
'The $850 million in EB-5 funding sought in the refinancing plan for 666 Fifth Avenue would be the largest to date. '
'It then took on more of the tower in 2012, purchasing the retail spaces at the building’s base from Kushner and others for $707 million. '
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[–] Maxcactus [S] 0 points 1 point 1 point (+1|-0) ago
That's one way of looking at it , Kev.