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Bumping this, interested to hear more about them.
Did watch the ‘Dirty Money’ episode on Kushner, but I think bias played some role there. Painted them as crooked slum lords, who take advantage of poor people. If your are in the process to start an internship there, how’d you do it? I hear family offices like theirs don’t have formal processes for hiring.
Delete. Delete. Delete.
Delete. Delete. Delete. Delete. Delete. Delete.
right. I've seen them painted in a negative light as well, but it seems as if they are doing some interesting projects and are aggresive in NJ multifamily.
yeah they seem to have some cool stuff and doing some big deals. Still, they have black cloud over them, first with what charlie kushner did and now jared in the WH. I don't know, hopefully someone who's worked with can shed more light.
I interview there more than 5 years ago, back when Jared was running things, PM me and I'll be happy to discuss
PM'ed
I would suspect the level of scrutiny you would be under with any deals would be so freaking intense there. The local government likely hates them.
So there are two main Kushner RE firms, Kushner and The KRE Group. Charles Kushner ran "Kushner" and his brother Murray later opened up "The KRE Group", they don't talk to each other anymore and the rift has followed to their children, Jared at Kushner and Jonathan at KRE. KRE focuses entirely on NJ real estate, mostly apartments but they'll do anything (except hotel) if the opportunity is right. From the people I've met there it's a great place, the family is really nice.
I don't know the Kushner side as well, but I have a friend who worked for them in a non-RE position and left after 6 months, said it was the worst job experience she had. They also are a bigger company and do stuff all over, but still focus mostly in NJ.
They've gotten some really bad press, not politics related, as slumlords. Obviously there is the politics and the crime stuff, too.
They're also been involved in some of the absolute worst deals in recent memory, e.g. 666 Fifth Ave.
Not the OP, but that was my concern about them - don't want to have slumlords on resume.
I've wondered about the relative risk of having a company with a checkered reputation on the rez - seems like there are quite a few big players that fall in this category . . . Empire Management / Ohebshalom family of NYC comes to mind.
The guys have horrid reviews but own a ton of buildings and do deals. As a junior employee, worth it if you can get good experience?
Jared kushner must’ve thrown ms at us
Hey I got the 1st round interview too, let me know how you did! Willing to discuss :)
Awesome! Did you have your interview yet ?
Yes I did, hbu? how can we message?
how was the first round? Are you all interested in real estate?
same I got a first round invite last week, but not sure how I feel after hearing all the negatives.
Bump
Not fully understanding why people think this is such a bad place to work. They did a decent job in this last previous cycle and they are bound to receive an outsized portion of negative attention from the media due to their association. Furthermore, it's a mid sized family office and aren't family offices difficult to make your way into? Appreciate thoughts. From a purely real estate perspective, this seems to be a decent opportunity?
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