The property management subsidiary of Jared Kushner's family real estate company has agreed to pay a $3.25 million fine to the state of Maryland and to reimburse many of the tens of thousands of tenants in the Kushners' Baltimore-area apartment complexes for excessive fees and for rent they were forced to pay over the past decade despite serious maintenance problems in the units.
The agreement represents the settlement of a 2019 lawsuit brought against the subsidiary, Westminster Management, by the Maryland attorney general. The state alleged that the company's "unfair or deceptive" rental practices violated Maryland's consumer protection laws and "victimized" people, "many of whom are financially vulnerable, at all stages of offering and leasing."
