Bareket provides NIS540m bridge financing
Categories: Banking & Finance
Bareket Capital Ltd. provided a NIS 540 million bridge loan to two purchasing groups managed by the Hagag Group for the development of two residential and commercial projects along the Einstein Axis in Tel Aviv featuring around 500 housing units in a luxury sector location.
The transaction is part of Bareket’s continued role financing large-scale real estate developments as a leading non-bank credit provider in Israel’s property sector.
Epstein Rosenblum Maoz acted as legal counsel to Bareket’s Finance Department across the transaction, with the team including partner Eran Mizrahi, alongside Nofar Driks and Sharon Breier Elkeslassy, who guided the structuring, documentation, and execution phases of the financing.
