Lebanese banker slammed for buying Jennifer Lawrence's NYC apartment
The Daily Mail reported that Kheireddine purchased the apartment from Oscar-winning actress Jennifer Lawrence.Lebanon is also grappling its worst economic crisis in decades, while much of the capital has been destroyed in an explosion at the Beirut port that claimed the lives of over 150 people.
Kheireddine was quoted by Al-Arabiya defending the move, claiming it was part of "an investment deal through a family-owned company that invests outside Lebanon" and was financed through an American bank loan.
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However, documents released by NYU journalism professor, Mohamad Bazzi, showed only $6 million mortgage was taken out as mortgage by John's Mountain LLC–run Kheireddine.
"Presumably, the buyer paid $3.9 million in cash," Bazzi wrote in a tweet.
Further documents posted by Bazzi showed Kheireddine's signature on all related to the apartment sale and its mortgage.
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