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OUTRAGEOUS: Feinstein family to get hundreds of millions from Gov property sales

The US Post Office is selling 56 properties. They are expected to sell for about $19 Billion and generate $1 Billion in Commissions. A Real Estate company called CBRE was awarded a monopoly on selling the properties and will pocket the entire $1 Billion in commissions. The biggest shareholder in CBRE is an equity firm owned by US Senator Dianne Feinstein’s husband. Her husband is also a board member of CBRE.

Now Feinstein has the audacity to claim she didn’t have anything to do with setting up her husband with this mega-windfall.

This is exactly the kind of deals made during the collapse of the Soviet Union that created many of the notorious Oligarchs plaguing Eastern Europe today.

Since Feinstein has a current net worth of $70 million. The majority of her wealth was acquired while a US Senator.

From Opposing Views…

How is it possible that California Senator Dianne Feinstein’s estimated worth is $70 million? The deal her husband’s company has made with the USPS just might explain everything.

Richard Blum is part owner of one of the largest commercial real estate companies in the world, CBRE. In 2011, CBRE won the bid to sell 56 buildings owned by the USPS. Sales are expected to reach $19 billion. According to Page Six, Blum’s company is the only real estate agent assigned to this deal and its expected commission is approximately $1 billion.

It is important to note that Blum has been a member of CBRE’s board since May 1993 and has served as a chairman for the company from 2001 to 2014. Also interesting, one of CBRE’s largest shareholders is Blum Capital, a private equity firm founded by Blum.