Kushner’s Saudi-Backed Affinity Eyes Billion-Dollar Balkan Deals

Jared Kushner’s Affinity Partners is in advanced discussions on three property development investments in the Balkans that could surpass $1 billion.

The Miami-based private equity firm plans to transform Albania’s Sazan Island in the Mediterranean that was previously home to a military base, into a luxury Aman branded eco-resort community, Kushner said in an interview with Bloomberg News.

Sazan Sea Villas rendering

Source: Studio Genesis

Affinity is also looking to develop Albania’s Zvërnec Peninsula, a coastal region with more than three miles of deep white sand beaches. The firm plans to add several major resorts in the area, going up to nearly 10,000 units of villas ...