NIS 730M Financing Fuels Student Housing

Categories: Banking & Finance

Yesodot, an Israeli real estate developer, and Menora Mivtachim Insurance, one of Israel’s largest insurance providers, arranged NIS 730 million (approx. USD 195 million) in financing for Bardugo Group’s “Joy Living” student housing development in Kfar Saba.

The project introduces a new residential model, combining hundreds of rental units for students with additional commercial space.

Erdinast, Ben Nathan, Toledano & Co. advised on the financing, with its Banking & Finance Department and Commercial Department leading the matter. The advisory team included Roy Gross, Avishay Sadeh, and Dor Maymon