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Jared Kushner. Photo by Bloomberg.
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Kushner’s Cadre Raising $65M at More Than $800M Value

By
Alfred Lee
and
Serena Saitto
 |  May 31, 2017 6:01 PM PDT
Photo: Jared Kushner. Photo by Bloomberg.

Cadre, a New York-based real estate startup partly owned by Jared Kushner, is seeking to raise about $65 million, at a valuation of more than $800 million, according to a corporate filing and a person familiar with the fundraising efforts.

The company came under the spotlight earlier this month when the Wall Street Journal reported that Jared Kushner’s stake in the company was one of several assets he did not disclose on financial disclosure forms he filed with the government when he became a senior adviser to President Trump. The Journal quoted a representative for Mr. Kushner saying the stake was housed in a company he owns which was disclosed.

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