ERM has represented Access Point Fund (formerly TFRG) in a NIS 45million loan agreement to Effi Capital for the construction of a multipurpose real estate project at Bet-Shemesh. The project will include 300 residential units and commercial units. The fund will provide 80-85% of the shareholders’ equity that will be required to purchase the rights in the land from the Israel Land Authority and to execute the project.
ERM advises Access Point Fund (formerly TFRG) on a NIS 45million loan agreement to Effi Capital
ERM advises Brown Hotels on the sale of 16.5% of its shares
Adv. Lior Aharon and Adv. Gilad Maoz represented Brown Hotels in the sale of 16.5% of its shares to Hachshara Insurance Company Ltd. For more information click here (Hebrew)
ERM advises three purchase groups on construction projects in Modiin and Harish
ERM has advised 3 purchase groups in financing agreements. 2 purchase groups from Modiin, which will build 60 units each and the United Harish association whose members will build 600 units in Harish. The groups from Modiin obtained financing from Bank Mizrahi and united Harish association obtained financing from the Egoz fund, with the partnership […]