• Kushner's Gaza Gambit: Trump's Controversial Plan and Real Estate Deals

  • Feb 19 2025
  • Length: 3 mins
  • Podcast

Kushner's Gaza Gambit: Trump's Controversial Plan and Real Estate Deals

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  • Summary

  • Jared Kushner BioSnap a weekly updated Biography.

    Jared Kushner has been making headlines recently, particularly with his involvement in President Trump's controversial plan to take over the Gaza Strip. According to reports, Kushner was behind Trump's proposal, which includes clearing the area of Palestinians and rebuilding it with luxury developments, potentially funded by Gulf states[1][5].

    Kushner hinted at this idea in a speech last year, suggesting that Gaza's waterfront property could be valuable if developed. He also mentioned the possibility of displacing Palestinians to the Negev desert in Israel or Egypt, though later clarified that they could return to Gaza after it was "cleaned up"[1][5].

    This plan has been met with significant backlash, including from Gulf allies like Saudi Arabia, who have expressed opposition to the idea of the US taking over Gaza. Despite this, Trump has doubled down on the proposal, suggesting that it could be achieved without US troops on the ground and by offering waterfront property rights to Gulf states in exchange for funding[5].

    In other news, Kushner has been busy rebuilding his family's real estate empire. In August, his company acquired over 5,500 apartment units in and around Baltimore through a complicated transaction involving $371 million in fresh Freddie Mac financing. This deal has expanded Kushner's rental housing portfolio by more than 11,000 units in the past year[3].

    Kushner has also been leveraging his connections and financial partners to secure off-market deals, targeting distressed class-B apartment communities in secondary markets like Toledo and Baltimore. His company has managed to avoid bidding wars on several critical deals, helping to expand its portfolio[3].

    On a related note, Kushner's investment firm, Affinity Partners, has been discussed in the context of Trump's Gaza plan. The firm could potentially connect Gulf money to the project, with Kushner having previously discussed similar ideas for developing Gaza's waterfront property[5].

    Overall, Kushner's recent activities have been dominated by his involvement in Trump's Gaza plan and his efforts to rebuild his family's real estate empire. These developments have significant long-term biographical significance, particularly given Kushner's role as a key advisor to Trump and his influence on Middle East policy.

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