Jared Kushner’s Mexico Hotel Investment Shifts to Los Cabos
Jared Kushner, Donald Trump’s son-in-law, has shifted his hotel investment plan in Mexico. Initially, it was rumored that he would invest in destinations in Quintana Roo, specifically the Riviera Maya. However, it now appears that his focus will be on Los Cabos.
Kushner’s Affinity Partners fund is projected to invest one billion dollars, aiming to construct four high-end hotels, as reported by Darío Celis in his column. The project developers will continue to be the E-Group, led by Moisés, André, and Max El-Mann, in partnership with the Fibra UNO trust.
As previously reported by REPORTUR.mx, in July, Kushner expressed his intention to make a substantial hotel investment, estimated at 250 million dollars at that time, primarily in Mexican destinations like Tulum, Los Cabos, and Baja California Sur. At that time, Kushner was also reported to be coordinating his investment through Fibra UNO, with the assistance of Luis Videgaray, the former chancellor under Enrique Peña Nieto’s administration and a friend of Kushner.