Steve Witkoff, and Jared Kushner promoting real estate projects in Tehran

The Iranian official described it as a “reconstruction program” that would be promised to Iran in the event a final agreement was signed. Earlier in the negotiations, Tehran had demanded reparations for bombardment damage that some Iranian officials estimate at $300 billion to $1 trillion.

Two diplomats briefed on the latest draft called it an international “investment fund,” which the United States would help facilitate in the event of a final deal. Plans for such a fund would be further discussed during the negotiations period, the diplomats said.

This proposal appears to be an iteration of an earlier idea floated by Mr. Trump’s Middle East envoy, Steve Witkoff, and Jared Kushner, the president’s son-in-law. Both are real estate investors, and some mediators said they had suggested promoting real estate projects in Tehran and an investment fund in the event a deal was reached.

Iranian officials said they had proposed to American negotiators that U.S. companies, including major oil and energy corporations, could enter Iran for investments and joint venture deals.

https://www.nytimes.com/2026/05/28/world/middleeast/iran-us-agreement-plan.html

Steve Witkoff and Jared Kushner, who have been integral to the failed negotiations in the Iran War, have “suggested promoting real estate projects in Tehran and an investment fund in the event a deal was reached” www.nytimes.com/2026/05/28/w...

— MeidasTouch (@meidastouch.com) 2026-05-29T09:32:41.883Z