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
Yoav Zahavi for Calcalist on the expected re-growth of purchasing groups
How will the post-Covid19 recession affect the Israeli real estate market? Yoav Zahavi, Co-Head of ERM’s Real Estate & Urban Renewal practice, reviews for Calcalist the trends that purchasing groups had undergone in recent years, and explains why we are expected to witness a re-growth of this sector in light of the decline in economic activity. for […]