Startup’s Ties to Kushners Came With Benefits, Until It Got Complicated
Cadre, co-founded by President Trump’s son-in-law, is trying to move past White House disclosure controversy.
In 2014, when Ryan Williams started his real-estate investing company Cadre, he turned to the two people he knew with the best networks and connections in the industry: Josh Kushner, who he'd met while a freshman at Harvard, and his older brother, Jared.
It was a savvy move: The Kushners' connections helped bring in advisers, investors and customers for Cadre, which lets wealthy investors buy small stakes in residential and commercial buildings. Cadre lists both Kushner brothers as founders. But the Kushner brand also landed Cadre in hot water a month ago, when a report said Jared Kushner didn't disclose his investment in Cadre when he became a senior advisor to President Donald Trump, sparking ethics questions.