Lone Star Funds CEO John Patrick Grayken and Charlie Kushner
Deal for 6K rental units in Maryland and Virginia is biggest transaction for company since 666 Fifth
Kushner Companies has made its largest acquisition since it paid a record $1.8 billion for 666 Fifth Avenue more than a decade ago.
Kushner Cos. paid $1.1 billion to buy a portfolio of 6,000 rental apartments in Maryland and Virginia from the private-equity firm Lone Star Funds, the Wall Street Journal reported.