Earns revenue from interest and profit participation on credit extended to property developers, lent alongside senior bank financing and secured on the underlying projects.
Geographic Exposure
IsraelN/A
RomaniaN/A
BulgariaN/A
Revenue Drivers
Real-estate project credit provision
Lends to property developers alongside bank financing, earning interest and profit participation
CORE100%
End Markets
Residential property developers
Developers in other real-estate segments
Israeli real-estate corporations
Individual project entrepreneurs
Specializations
Capital-completion financing junior to senior bank creditSecond-rank lien structuring with senior lender consentProfit-participation loan structuresNon-recourse co-financing arrangements with banks and financial institutionsBank referral partnerships for borrower originationUnderwriting against collateral net of senior project debt+1 more
