Kushner Companies “is not under investigation for any tax issues,” its attorney stated.
It is not clear whether Kushner’s debt rise is linked to financial challenges plaguing Kushner Companies.
“Andy is a brilliant young man who has been instrumental in building a very successful family business,” a spokeswoman for Jared Kushner's father said.
"Kushner Companies considers all reasonable and appropriate financing options on a project by project basis," a spokeswoman said.
“Any story claiming that we have done anything wrong in our dealings with Deutsche Bank is made-up and completely baseless,” a Kushner Companies spokeswoman stated.
Charles Kushner called critics of his son "haters."