Federal prosecutors in New York are examining a $285 million loan that Deutsche Bank AG made one month before election day last year to the real-estate company run by the family of Jared Kushner, according to a person familiar with the matter.

Prosecutors from the Brooklyn U.S. attorney’s office issued a document request in mid-November to Kushner Cos., asking for contracts and other information pertaining to the loan from the bank, this person said.

Chris Taylor, a spokeswoman for Kushner Cos., said the company “has cooperated and will continue to cooperate with any reasonable request for information.” A spokesman for Deutsche Bank declined to comment.

A spokesman for the Brooklyn U.S. attorney’s office said he couldn’t “confirm or deny the existence of any investigation.”

In October 2016, the Kushner Cos. finalized a $285 million loan from Deutsche Bank as part of a refinancing package for the purchase of a retail space in the former New York Times building in Times Square.


At the time of the transaction, Mr. Kushner was chief executive officer of Kushner Cos. and was advising the presidential campaign of his father-in-law, Donald Trump.

After the election, Mr. Kushner, who is now special adviser to the president, resigned from the business and sold his personal stake in some projects and assets to family members and others, but he retains a stake in parts of the business, according to his most recent personal financial disclosure form.

An attorney for Mr. Kushner directed questions to Kushner Cos.

A financial disclosure form filed by Mr. Kushner as part of his White House employment shows he has a line of credit from Deutsche Bank worth between $5 million and $25 million. While in the administration, Mr. Kushner has recused himself from matters to which Deutsche Bank is a party because he has provided personal guarantees on loans the bank has made, a person familiar with his ethics arrangement told The Wall Street Journal in May.


The New York Times reported earlier Friday that the Brooklyn U.S. attorney’s office had subpoenaed Deutsche Bank in recent weeks for “bank records about entities associated” with Kushner Cos. That report didn’t specify any particular transactions identified in the subpoena. A spokeswoman for the bank told the Times that it “takes its legal obligations seriously and remains committed to cooperating with authorized investigations into this matter.”

Federal prosecutors in Brooklyn have been probing Kushner Cos. for several months in an inquiry regarding the company’s use of an investment-for-immigration program known as EB-5, The Wall Street Journal has reported.

It is unclear whether the document request sent in mid-November is tied to that inquiry, but the prosecutors who sent the request are the same as those who have been working on the U.S. attorney’s EB-5 investigation, according to the person familiar with the matter.

The retail project for which Kushner Cos. obtained the loan from Deutsche Bank didn’t involve the use of the EB-5 program, according to people familiar with the matter.


Kushner Cos.’ general counsel, Emily Wolf, has previously said that “Kushner Cos. utilized the program, fully complied with its rules and regulations and did nothing improper. We are cooperating with legal requests for information.”

According to one person familiar with the probe, the Brooklyn U.S. attorney’s inquiry doesn’t appear tied to the investigation by Special Counsel Robert Mueller into Russia’s meddling in the 2016 presidential election and whether it involved collusion by people involved with the Trump campaign. Mr. Mueller’s probe has been examining Deutsche Bank’s role as a correspondent bank, The Journal has reported, in which it served as a middleman in international transactions, facilitating transfers for other banks into countries where they have limited or no operations. Deutsche Bank has said it is cooperating with inquiries.

As part of the special counsel investigation, Deutsche Bank has been subpoenaed multiple times, including for information concerning people or entities affiliated with Mr. Trump, and asked to hand over information about transactions that could be linked to former national security adviser Michael Flynn or entities connected to him, The Journal has reported.

Mr. Trump has called the special counsel’s investigation a “witch hunt,” and Moscow has denied meddling in the election.


Write to Erica Orden at erica.orden@wsj.com