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Sunday April 28, 2024

Did Ivanka Trump, Jared Kushner take large loans to sponsor their luxurious life?

Ivanka Trump, Eric Trump, Donald Trump Jr take out mortgages totaling more than $22 million in 2021

By Web Desk
November 30, 2023
Ivanka Trump and Jared Kushner arrive for the state welcome ceremony honouring French president at the White House in Washington, DC. — AFP/File
Ivanka Trump and Jared Kushner arrive for the state welcome ceremony honouring French president at the White House in Washington, DC. — AFP/File

Ivanka Trump and Jared Kushner took large loans to purchase expensive residences beginning a new chapter of their lives following the end of Trump's presidency, as per newly released documents.

According to documents received from sources, Donald Trump's three eldest children, including Ivanka, began their financial journey by obtaining large loans to purchase luxurious properties. 

Notably, in 2021, Ivanka, Eric Trump, and Donald Trump Jr took out mortgages totalling more than $22 million.

The majority of this financial effort, however, came from Ivanka and Jared, who acquired a massive $15 million mortgage for their freshly renovated $24 million estate on Miami's Indian Creek Island, dubbed the 'Billionaire Bunker'. 

This financial commitment translates into a monthly payment of nearly $111,000 for the next 15 years, allowing the couple to purchase a magnificent home with six bedrooms and eight-and-a-half baths, according to Daily Mail.

The pair spent the previous two years renovating the 1.3-acre mansion, which they completed just last month. 

Many people are wondering what this new period holds for Ivanka. Will she re-enter the fashion-focused socialite world, separate herself from the family to focus on her role as a mother of three, or pursue other interests? 

While the specifics are unknown, Ivanka and Kushner's large financial investment implies a preference for a lifestyle that reflects their ideals.

According to She Knows, despite their efforts to stay out of the spotlight and separate themselves from Donald Trump's probable presidential campaign in 2024, the pair remains connected with her father's controversial government. 

Their tenure as senior advisers in Washington, DC put them through unanticipated tests, putting not just their relationship but also their position in their previous New York City social circle to the test.

A People insider characterised the pair who sought sanctuary in a new start in Miami as "a solid couple, they weathered a lot over the past eight years, the kind of stuff that would test any relationship, but they've somehow come out stronger." 

"They recently celebrated their 14th wedding anniversary and are enjoying their affluent Miami lifestyle, where they feel relatively free. They are aware that they must still be cautious about what they say and how they act, but they have no desire to live a life where they are constantly watched by cameras."

The changeover, however, has not been without complications. The spectre of Donald Trump's legal problems looms over their lives, with Ivanka potentially testifying about her knowledge of the Trump Organisation and its suspected property overvaluation. 

While they see the need for prudence in their words and actions, they exhibit a strong indifference in a life that is always followed by cameras. The pair stays tenacious, balancing the weight of their history with the hope of a brighter future.