Avnei Derech Group has received a permit to build a new residential project in the Shikmim neighborhood of the city, with an investment of approximately NIS 300 million.
A new neighborhood extending Florentin will feature 2,500 units. Phase one: 730 apartments in 20 buildings. WHITE by Acro & Terra starts at NIS 35,000 per square meter.
Arie Prashkovsky Group has started building a six-story boutique project at 7 Stern Street, Florentin, Tel Aviv, with 11 luxury apartments and a small ground-floor commercial unit.
Kiryat Menachem in Jerusalem is undergoing urban renewal with thousands of new apartments, modern schools, community centers and the light rail, making it a top real estate opportunity in the city.
Analysis by Globes reveals that the Israeli real estate market is undergoing changes that are not quantitative but structural - the middle class is abandoning the market.
Hachshara Insurance, part of Elazar Group, bought 49% of Giza Singer Even’s non-bank lender, offering real estate-backed residential loans, advancing its credit expansion strategy.
Almog Group has started demolishing a four-story railway building on Rosh Pina Street to build two boutique buildings with 46 new apartments. What will the current owners receive?
Rami Levy Real Estate’s new Psagot Afek project in Rosh HaAyin will feature commerce, jobs, and housing, with unique design, active facades, green spaces, and high-standard apartments.
The purchase price for the stake is $106 m., with the sellers, New York’s Chetrit Group, retaining roughly 40% of the asset, according to the announcement.
Bonus offers a new financing model: credit after zoning approval and 67% signatures, allowing funds for growth, speeding processes, and boosting resident trust in urban renewal projects.