It turns out that George Soros is the money behind a new real estate
venture called Cadre which was founded by Donald Trump’s son in law Jared
Kushner and his brother Joshua Kushner.
The Real Deal has uncovered the fact that George Soros was the man who
provided Cadre with a $259 million line of credit. A source told the publication,
“Soros has had a long and productive relationship with the Kushner family.”
The financing was provided; even though, Soros has called President Trump
a “would-be dictator.”
Cadre is an online marketplace that connects investors and operators of
real estate. The company states that it enables investors to sell their
interest on the secondary marketplace, thereby introducing liquidity into
an antiquated industry. Cadre was founded by Ryan Williams, and Josh and
Jared Kushner, and was launched in 2014.
While George Soros has provided the venture with credit, the company has
so far raised $68.3 million in 2 rounds from 8 different investors, including
$50 million in a series B closed just last month.
So why exactly would George Soros agree to help a new venture from Jared
Kushner who is now serving as an advisor in the Donald Trump White House?
After all, Soros and Trump really seem to hate one another. Well its like
the famous line from “The Godfather”: Its just business, nothing personal.
Besides, George Soros offered credit to Jared Kushner and his brother
Joshua Kushner and not Donald Trump.
In other George Soros news, The Irish Times is reporting that the 86 year
old is now in an all out war with Hungary’s leader Viktor Orban over the
latter’s attempts to limit immigration and safe haven for refugees in
his country. Ironically, Orban once benefited from a scholarship provided
by the Soros Foundation. George Soros was born in Hungary.
As a Holocaust survivor, Soros is especially sensitive to the plight of
refugees around the world, something which can hardly be said about Hungary’s
current government.
Viktor Orban built a new border fence to keep people out of Hungary just
as Donald Trump would like to build a wall along America’s border with
Mexico. Orban is, of course, a fan of Donald Trump while George Soros
has condemned both men for their immigration policies. Orban has been
accused of copying Vladimir Putin by attempting to subvert Hungarian democracy
and make himself into a dictator. This is something which Soros fears
Donald Trump wishes to do.
For all these reasons, George Soros sees Donald Trump as another Viktor
Orban.
Orban has accused George Soros of using the Soros financed NGO Open Society
Initiative for Europe to destabilize his regime. Hungarian government
spokesman Zoltan Kovacs told The Irish Times, “Soros calls himself Viktor
Orban’s opposition, and announces that he is engaged in a campaign with
a view to altering the internal political scene in Hungary. This is something
that must be duly evaluated in the national security committee.”
If what has happened in Hungary in recent years really is a template for
what Donald Trump might try to do in America, then George Soros is certainly
ready to fight against this.
http://jewishbusinessnews.com/2017/01/31/george-soros-backed-jared-kushner-venture-cadre-250-million/
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