USA Today article The company behind one of the largest single-family home sales in the US history has announced it won.
The company that bought a sprawling, 5.5-acre property in the heart of Silicon Valley is selling the property for $200,000.
The deal was announced Tuesday, after the property’s sale was delayed because of the ongoing federal investigation into whether Donald Trump Jr. and Jared Kushner improperly used a Trump Organization email account to collude with Russian government officials.
The investigation is led by Special Counsel Robert Mueller, who is leading a criminal probe into whether Trump obstructed justice.
The sale price was $350 million, and the buyer, The Carlyle Group, is the largest U.S. real estate company, according to data from Trulia.
The sale price includes $100 million in cash, $100,000 of common stock, and $25 million in restricted stock.
The remaining $75 million is contingent upon the completion of the deal, Trulia said.
In addition to the property, the Carlyle group bought two other properties in San Jose and San Francisco.
In addition to selling the San Jose property, Carlyle purchased another property in San Francisco and an adjacent parcel in San Diego, the company said in a statement.
The property is in the “high-end residential market” and is considered a “world class” residential development, Trura said.
Trump, Jr. left the company after the company’s initial sale was approved.
The move came after Trump Jr., who had been under scrutiny since he met with a Russian lawyer last year, said in January that he did not collude in the 2016 election.