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Jessica Mendoza
Soon after the end of the first Trump administration, Jared Kushner and Ivanka Trump went on a Mediterranean vacation.
Elliot Brown
We were on our friend Nat Rothschild's boat.
Jessica Mendoza
Later, at an investment conference, Kushner described the scene.
Elliot Brown
We got picked up in Montenegro and then we started sailing over to Corfu and we spent a couple days in Albania.
Jessica Mendoza
While sailing along the coast of Albania, the couple encountered an island called Cezanne. It's an unbelievable, beautiful, 1400 hectare private island in the middle of the Mediterranean. On a podcast, Ivanka Trump talked about the island as though it were an undiscovered Eden. And we stopped for a swim. Effectively, that's how we found it. We swam to the islands, we went on a hike barefoot all the way up to the top, and. And we were just captivated.
Elliot Brown
The country just had incredible natural beauty, but it seemed like a place that nobody knew or understood.
Dua Lipa
And so
Elliot Brown
what emerges from this initial visit and these initial conversations is this really large plan to build a series of very high end resorts and villas.
Jessica Mendoza
Our colleague Elliot Brown has been reporting on the story of this development project for two years.
Elliot Brown
And so Jared and his partners come with this idea of just taking this cannon of money and putting it into this line of coast and making it a huge destination for the yachting crowd.
Jessica Mendoza
So Jared Kushner and Ivanka Trump, they had this grand vision. Fast forward to today. How is it going?
Elliot Brown
It has turned into this total quagmire
Jessica Mendoza
since the resort development was first proposed. The project has triggered one controversy after another. It's led to calls for the Albanian Prime Minister to resign. It's thrown a wrench in Albania's attempt to join the European Union. And it sparked a protest movement that spread beyond Albania's borders. It has been dubbed the Flamingo Revolution. And over the weekend, tens of thousands of Albanians once again join huge anti government protest. What has Kushner said about this?
Elliot Brown
Personally? He's stayed. Mom and his representatives have said, basically, we respect the right of people to protest. We think we have a good project.
Jessica Mendoza
And that's not all. Earlier this year, Kushner and his partners struck a nine figure deal to buy land as part of the development project. About two months later, the man who sold them the land was charged by Albanian prosecutors for allegedly playing a lead role in a sweeping international drug smuggling operation. The land seller's lawyer said that his client wasn't involved in any of the alleged crimes.
Elliot Brown
Jared Kushner tried to get ahead of the curve by investing in the Balkans. And it has exploded in his face and it has turned into a complete mess.
Jessica Mendoza
Welcome to the Journal, our show about money, business and power. I'm Jessica Mendoza. It's Tuesday, August 11th. Coming up on the show, Jared Kushner's misadventures in Albania.
Dua Lipa
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Elliot Brown
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Jessica Mendoza
Mm, yeah, but I'm not itching to go downtown and tell a receptionist I'm here to talk about my downtown. Some things you'd rather type than say out loud.
Elliot Brown
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Jessica Mendoza
Before he joined the first Trump administration, Jared Kushner worked in real estate in New York City. Once Trump took office, his son in law served as senior advisor to the president. Kushner's remit was sprawling, but one of his big priorities focused on peace in the Middle East. After Trump's term ended, Kushner started a private equity firm, leveraging relationships he'd cultivated with Persian Gulf monarchies. Eventually, Kushner's firm came to oversee $6 billion. Separately, Kushner has also returned to his real estate roots, mainly through his Albania project. What was so appealing about Albania, you know, besides it being so beautiful and seemingly untouched?
Elliot Brown
Yeah, I think part of the opportunity he saw is that there really was very little investment, and yet there was a burgeoning tourist scene because sort of what's happened in Europe in the same way that happened to a place like Croatia 15, 20 years ago, is people kind of realized, oh, my God, it's beautiful and it's really cheap.
Jessica Mendoza
While on that yacht vacation back in 2021, Jared Kushner and Ivanka Trump had a special guest aboard for dinner. The Albanian Prime Minister, Eddie Rama. Kushner was impressed with Rama, and they developed a friendship. Less than a year later, Kushner again met with Rama at Davos and said,
Elliot Brown
I'm interested in developing in Albania. And ultimately what happened is he got an agreement from the government to the rights to develop on the island of Sazan, where they would, you know, long term lease, essentially give control of the island to Kushner. It's not finalized, but that was the plan where then he would develop a five star White Lotus style resort on this island.
Jessica Mendoza
So Kushner was able to secure the guarantees he needed to develop in Cezanne through Rama. How did he do that? Did his connections to the Trump family help at all?
Elliot Brown
It's undeniable that his raised political stature that came from being part of the Trump family and in the first Trump administration sort of led him there and got him a meeting with Eddie Rama and got him the sort of respect he did because before the Trump administration, Jared was just a US Real estate guy.
Jessica Mendoza
Prime Minister Rama says that the Sazan deal has nothing to do with currying favor with President Trump and that the development is part of his vision of cultivating tourism to help fuel the Albanian economy. Sazan island was only part of the project, though Kushner also had his eye on a pristine peninsula just across the water on the mainland. It's called Zvrnec. But Zvrnec had environmental protections limiting development. The area is an important nesting and feeding ground for migratory birds, including wild flamingos. In 2024, the Albanian government changed the law. Development would now be allowed in environmentally protected areas, but only for hotels and resorts that are five stars or above. A few weeks after the law changed, Kushner posted renderings of his planned development on social media. The images show luxury villas on Cezanne Island. They undulate along the hills or with all glass facades that overlook the sea.
Elliot Brown
And then in Zwernet, the peninsula, what you see is these really large hotels that sort of step up from the beach and have these giant green roofs and, you know, swimming pools and a sparkling lagoon.
Jessica Mendoza
Unlike Cezanne island, which is a former military outpost, Zernet's is privately owned. On the peninsula is a small village where families have lived for generations. Kushner and his partners needed to approach these locals in order to buy the land.
Elliot Brown
They start negotiating with the local landowners. It doesn't take too much to figure out that one of the large landowners in the area is a man named Artur Shehu.
Jessica Mendoza
Who is Arthur Shehu? What's his background?
Elliot Brown
I'll start by saying we don't know an enormous amount about his, you know, early mid life. And what we do know is largely from prosecutors and law enforcement.
Jessica Mendoza
Sheihu was an entrepreneur who attracted attention from law enforcement. In the 1990s, a former Albanian state police officer told Elliot that Shehu was suspected of having connections to the Italian Mafia. He was investigated for trafficking marijuana and illegally smuggling Albanians into Italy. Sheihu's lawyer says the investigations were politically motivated.
Elliot Brown
What one of these police officers told us was that one day they get a call about some shots fired at a bar, go there, and they discover that Arthur Sheihu has been in a gunfight.
Jessica Mendoza
Oh, my gosh.
Elliot Brown
With what they thought was a rival gang. And then after that, as the officer put it, she who disappeared. So he flees. He. He goes eventually to the US he gets asylum and sort of sets up shop in Miami.
Jessica Mendoza
According to his lawyer, sheihu ultimately secured U.S. citizenship. Property records show that he now owns a 4,000 square foot home in Miami beach on a street named Flamingo drive. From the U.S. sheyhu kept a foot in his native Albania, growing a real estate portfolio that includes land in Svirnets. But land ownership there can be tricky.
Elliot Brown
Real estate in Albania is just an absolute mess and a half. And that all stems back to communism. When the government seized the land, and then after communism, they were like, oh, let's give it back to everyone, which seems easy. But then it's like, well, who do you give it back to? And so they have a series of overlapping laws. And, you know, if you farmed some land during communism, you have one set of rights to it. If your family owned it, you know, earlier, then you have another set of rights to it.
Jessica Mendoza
That was just the kind of dispute that she Hu was embroiled in. In Svirnac. One land claimant says that she Hu stole the property using forged documents.
Elliot Brown
He used a translation of a Ottoman Turkish document from the Ottoman era of the early 1900s. And what happened there was that a local official who was a translator, had taken a document that talked about the Zvornet's land, and it says it was owned by xyz. And they subbed out XYZ and wrote Sheihu, wow. And then the property office says, looks good to us. And then she who gets the deed.
Jessica Mendoza
According to one ruling from Albania's high Court, the falsity of this document has been proven. Shei Hu's lawyer said that his client's claims were based on substantial documentation that showed his family was a large landowner in Svarnac and elsewhere. Numerous locals have challenged she Hu's property claims through the courts. But none of those cases have forced she who to relinquish the Svarnate's land. Retrials and appeals are still snaking through the system. In 2024, villagers sent Kushner a letter saying that the land is, quote, owned by the village and its residents. The Villagers didn't get a response from Kushner or his partners. A spokesperson for the development group said, quote, we continue to believe the underlying land acquisitions were conducted lawfully. In April, Kushner's group paid Shehu over $120 million for the Landin Svarnitz. Where is that money now?
Elliot Brown
So the money is. According to the Albanian prosecutors, it's frozen, actually. So it was sent toward Sheihu. But then the Albanian prosecutors filed charges. They got a judge to approve an order and the judge froze the money.
Jessica Mendoza
Now, because of Sheihu, the Albania project is colored by allegations that have nothing to do with flamingos and everything to do with cocaine. That's after the break.
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Jessica Mendoza
Kushner's Albania project is largely run by his partners who include a US based developer and a Qatari conglomerate. In April of this year, the group bought the land in Svrnets from Artur Shehu. By June, a court had approved an order to arrest him.
Elliot Brown
The charges are that Arthur Shehu played a leading role in a large scale European drug smuggling operation. What is peeled back in these Albanian court files is this really sophisticated network.
Jessica Mendoza
According to law enforcement, the operation spanned the globe, starting with cocaine in Ecuador.
Elliot Brown
They smuggle it in ships across the Atlantic, putting it in shipments of fruit paste and charcoal. Chemists can then extract the cocaine later. So then it goes to northern European ports where Albanians are allegedly involved, and then there are processing plants within Europe and they make bricks of cocaine and then it is distributed onto the streets. And then a key part of that is you generate all this cash and cryptocurrency or whatever, and then you need to get it into a legitimate banking system.
Jessica Mendoza
Prosecutors allege that Sheihu laundered money through property including the Peninsula and Vernets. Sheihu's lawyer said he was only involved in legitimate real estate deals and had no involvement in the alleged drug ring. A spokesperson for Kushner's group said that they're aware of the allegations regarding the land seller and the group itself is not the subject of any Investigation. In the spring, after the developers secured the deed to the land, locals noticed that work had begun on Svrnets.
Elliot Brown
They put up a really large construction fence at either end of the peninsula, and. And they put spools of razor wire around it, you know, like the type you'd see at a border. And when we asked, what are they doing? They said, oh, well, we needed to protect some of the environment in there. And so local villagers are very upset by this, and they go there to protest.
Jessica Mendoza
This protest was caught on. At one point, a hired security guard punches a protesting villager in the throat.
Elliot Brown
Then he drags him with another security guard across the beach, sort of very roughly.
Jessica Mendoza
One of Kushner's partners in the project described the video as, quote, horrific. He said it was a bad decision to put up the fence, which he attributed to an unnamed third party contractor in Albania. The protest video went viral.
Elliot Brown
It really, I think, hit this nerve where people are very upset about kind of what they see as rampant development and the country giving away itself to developers. They're concerned about corruption. And so people start pouring into the streets of Tirana, the country's capital. And then day after day in the spring, it just gets bigger and bigger. And people call it the Flamingo Revolution.
Jessica Mendoza
The Flamingo Revolution now a rallying cry against the political elite.
Dua Lipa
I'm protesting because I want to see
Jessica Mendoza
a total change of the system. And how big have these protests been?
Elliot Brown
We talked to somebody who described them as the most significant since the fall of Communism. The main rallying call, or amain rallying call, has been Albania is not for sale.
Jessica Mendoza
Even the pop star Dua Lipa, who has Albanian roots, joined the calls for change.
Dua Lipa
I have to say, I find it so inspiring to see how much people really care. You know, day after day, they're like, hitting the streets.
Jessica Mendoza
The Flamingo Revolution. Protests have spread to other European cities, and now the Albanian government is reeling. There have been demands for Rama to resign, but in almost daily media appearances, the Prime Minister has vowed to press ahead. At the same time, the European Union has indicated that the law allowing development in protected areas could threaten Albania's bid for membership. The country has been seeking to join the EU for over a decade. So, Elliot, we're seeing all these protests, and Kushner now seems to have bought contested land from a man accused of ties to organized crime. I mean, is there some buyer's remorse here?
Elliot Brown
One of the reasons that people have avoided Albania and the rest of the Balkans is because it's known for corruption. And when I first started Looking at this, I was like, oh, that's. That's interesting. I wonder if there's some complexity in this deal. And it has become so much less hygienic and more complex and more of a dumpster fire than I thought possible.
Jessica Mendoza
I mean, despite this pretty epic. You called it a quagmire. Kushner is still continuing with his plan for these resorts.
Elliot Brown
So basically, this has become a huge disaster for Kushner and his partners, but they've invested a ton of money. We understand that it's over 200 million total, and that's a huge amount of money to just walk away from. You know, you're really expecting that you're going to be able to build something valuable there, and you don't want to leave that. And I think one thing Jared has made clear to a lot of people is that he's relatively callous to criticism. I think he knows that in real estate, we, wherever you build, you're going to get critics, Right? And in government, he learned anything he did was going to get criticism. And I think that that's given him a tough skin.
Jessica Mendoza
So the luxury resort development continues until further notice?
Elliot Brown
Yes.
Jessica Mendoza
That's all for today. Tuesday, August 11th. The Journal is a co production of Spotify and the Wall Street Journal. Additional reporting in this episode from Deborah Acosta and Vladimir Karai. Thanks for listening. See you tomorrow.
Elliot Brown
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Jessica Mendoza
of $45 for three months, $90 for six months or $180 for 12 month plan required $15 per month. Equivalent taxes and fees extra initial plan term only greater than 50 gigabytes. Me slow when network is busy. See terms.
Date: August 11, 2026
Hosts: Jessica Mendoza, Ryan Knutson
Guest Reporter: Elliot Brown
Notable Cameo: Dua Lipa
This episode of The Journal dives deep into Jared Kushner’s ambitious—and now highly controversial—luxury resort development project on the Albanian coast. Sparked by a family vacation, the project has spiraled into a quagmire of environmental protests, contested land ownership, international drug smuggling allegations, and a growing political crisis that threatens both Albania’s government and its longstanding EU membership aspirations. The reporting is led by Elliot Brown, who has spent two years unraveling this tangled web.
[00:05–01:46]
“We swam to the islands, we went on a hike barefoot all the way up to the top, and… we were just captivated.”
— Elliot Brown quoting Ivanka Trump [00:29]
[01:46–03:15]
The plan aimed to inject massive investment into the Albanian coast to create a series of high-end resorts and villas.
Quickly, it devolved into controversy: mass protests, demands for a prime minister’s resignation, and impacts on Albania’s EU ascension.
Quote:
“It has turned into this total quagmire.”
— Elliot Brown [01:54]
[05:05–07:36]
Kushner’s pivot from U.S. politics to private equity and real estate, leveraging global connections.
Developed a rapport with Albanian Prime Minister Edi Rama, striking a deal for development rights on Cezanne (Sazan) Island.
Kushner’s Trump family connections played a clear role in opening doors for these deals.
Quote:
“It’s undeniable that his raised political stature… got him a meeting with Eddie Rama and got him the sort of respect he did.”
— Elliot Brown [07:16]
[07:36–09:00]; [16:30–18:49]
Expansion plans included the environmentally protected Zvrnec peninsula—a vital site for flamingos and other migratory birds.
2024: Albanian law changed, controversially, to allow five-star hotels in protected areas.
Fencing and razor wire at construction sites spurred outrage. Viral video of security assaulting a protester fueled mounting activism.
The protest movement, nicknamed the "Flamingo Revolution," spread beyond Albania, with demands like "Albania is not for sale."
Quote:
“It really, I think, hit this nerve where people are very upset about… the country giving away itself to developers.”
— Elliot Brown [17:40]
“I have to say, I find it so inspiring to see how much people really care. Day after day, they're hitting the streets.”
— Dua Lipa [18:39]
[09:00–13:28]; [14:38–15:56]
Buying the Zvrnec peninsula meant dealing with local landowner Artur Shehu, a Miami-based Albanian with a checkered past.
Reported mafia links, gunfights, and allegations of land theft using forged documents, as well as ongoing land disputes.
In spring 2026, Kushner’s group paid Shehu $120M for the contested land. Soon after, prosecutors charged Shehu with leading a transnational cocaine smuggling operation, alleging he laundered money via Albanian real estate.
Quote:
“He used a translation of a Ottoman Turkish document… They subbed out [the owner’s name] and wrote Shehu. And the property office says ‘looks good to us’…”
— Elliot Brown [11:51]
Development company insists acquisitions were lawful; funds to Shehu are currently frozen pending further investigation.
[18:09–20:53]
Protests have become the most significant since the end of Albanian communism.
The EU is warning that weakening environmental protections for such projects could threaten Albania's EU bid.
Despite the political, legal, and public relations disaster, Kushner and his partners continue to pursue the project, having invested more than $200M.
Quote:
“It has become so much less hygienic and more complex and more of a dumpster fire than I thought possible.”
— Elliot Brown [19:32]
“I think one thing Jared has made clear… is that he’s relatively callous to criticism… he learned [in government] anything he did was going to get criticism. And I think that’s given him a tough skin.”
— Elliot Brown [20:05]
Jared Kushner’s Albanian mega-resort project, once a glamorous vision of untapped Mediterranean luxury, is now beset by legal woes, noisy protest movements, and international scrutiny. The saga illustrates how the intersection of money, politics, and real estate can rapidly entangle investors—especially in regions with fraught histories of land ownership and corruption. For now, despite the mounting turbulence and frozen assets, Kushner’s development partners are sticking to their plan, while the Flamingo Revolution continues to rattle Albania’s political and economic future.