ERM has acted for the real estate entrepreneur Nir Waizmann, on the acquisition of two properties in the heart of Tel Aviv with a combined value of NIS hundreds of millions. The two properties, in Ben Yehuda and the Beit Gaon Building, will be rented to the Brown Hotels, co-owned by Nir Waizmann.
As part of the transaction, half of the rights in one of the two properties acquired were assigned to the public company Netanel Group Ltd.
Head of ERM’s real estate team Gilad Maoz and partner Erez Gurion together with corporate and M&A partner Lior Aharon, led the team, which included associates Shiran Romano, Na’ama Irony and Roni Shema Rimon and trainee Anna Carmon.
Real estate practice
Epstein Rosenblum Maoz (ERM)’s real estate team has gained extensive experience advising developers, sellers, buyers and investors on complex real estate transaction, from inception to completion, including: development projects; development of commercial real estate and hotels; acquisition of portfolios and of specific assets; urban renewal projects; purchase groups; zoning and planning matters and real estate financing.