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Are Purchasing Groups Returning to the Market? Where are the Opportunities and What are the Risks?

Following a series of scandals in the real estate sector, buyers are returning to purchasing groups to reduce apartment prices.

Adv. Yoav Zahavi, Partner and co-head of the Real Estate and Urban Renewal Department at ERM, discusses the advantages and risks in an interview with Globes. For the full article in Hebrew, also as a podcast episode, click here: https://www.globes.co.il/news/article.aspx?did=1001503709

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Bank of Israel Restrictions on Developer Promotions: A Price Worth Paying?

Opinions are divided within the real estate market regarding the Bank of Israel’s measure to restrict financing incentives and balloon loans offered to apartment purchasers. Developers argue that this move will lead to a decline in apartment supply. Advocate Erez Gurion, Partner in the Real Estate Department at ERM, in an interview with Ynet, stated: […]

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New Urban Renewal Project in Be’er Sheva

Bait Yerushalmi (Jerusalem House) Group won the tender and will advance a new urban renewal project in Be’er Sheva. The project will see the development of a new residential area with 400 apartments in place of the existing building which previously only housed 66 apartments. The project was led by Partner Or Tzur Lebovich and […]

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