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Detailed text transcripts for TV channel - CNN - 20180304:09:35:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20180304:09:35:00

Mueller is inquiring about kushnerpproaching foreign investors during the transition, including a chinese insurance company and a qatari investor for the family's biggest bet, 666 fifth avenue. the building hasn't generated enough profit to cover its debt. >> $1.8 billion was a record price for a manhattan skyscraper. highly, highly leveraged deal, which means the income in the building wasn't even close to covering what they would have to pay in interest. so it was a deal that a lot of people say was doomed from the start. >> reporter: about $1.2 billion in debt on the tower comes due next ye...

Detailed text transcripts for TV channel - CNN - 20180304:01:24:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20180304:01:24:00

Enough profit to cover its debts. >> $1.8 billion is a record price. it is a highly leveraged deal, which means the income in the building wasn't even close to covering what they would have to pay in interest. so it was a deal a lot of people say it was doomed from the start. >> about $1.2 billion in debt on the tower comes due next year. but negotiations with lenders and new sources of capital need to start soon. kushner companies confirmed it is in talks to buy out its partner, but the question remains how will they pay for it. when asked by cnn, they designed to comment. >> they are always ...

Detailed text transcripts for TV channel - CNN - 20180303:12:52:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20180303:12:52:00

Debts. >> 1.8 billion was the record price for a skyscraper, a highly leveraged deal which means the income in the building wasn't even close to covering what they would have to pay in interest. so it was a deal that a lot of people say was doomed from the start. >> reporter: about $1.2 billion in debt on the tower comes due next year. but sources say in a xwhoesh yagss with lenders and new sources of capital need to start soon. kushner companies confirmed it is in talks to buy out its partner in the project, but the question remains how will they pay for it. they declined to comment. >> they ...

Detailed text transcripts for TV channel - CNN - 20180303:16:40:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20180303:16:40:00

Development loans and acquisition loans. i would say it's an active business. >> reporter: kushner companies also needs to find investors for a development in jersey city. the company scuttled the plan to use a government program that would help foreigners get u.s. visas in exchange for investment after jared's sister was referencing him during a presentation in china. another deal raising questions, "new york times" reported that kushner companies received $30 million from one of israel's largest financial institutions. just before jared's first diplomatic trip to the country. last week, the ...

Detailed text transcripts for TV channel - CNN - 20180302:00:31:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20180302:00:31:00

Highly leveraged deal. so it was a deal that a lot of people say was doomed from the start. >> reporter: about $1.2 billion in debt on the tower comes due next year. but sources say that negotiations with lenders and new sources of capital need to start soon. kushner companies confirmed it's in talks to buyout partner in the project but the question remains how will they pay for it. when asked by cnn, they declined to comment. >> they are always looking for loans and construction loans, and development loans and acquisition loans. so i would say it's an active business consider curvener compan...