Earns interest and fees by extending secured credit against residential real-estate projects, including construction finance for landowner groups, developer project accompaniment, and bridge and equity-completion lending.
Geographic Exposure
IsraelN/A
Revenue Drivers
Developer project accompaniment credit
Construction credit to developers building apartments for sale to buyers
CORE39%
Landowner group construction finance
Closed-loop lending to landowner groups erecting residential projects
CORE33%
Bridge and equity-completion lending
Interim and subordinated loans funding land purchase and sponsor equity
SIGNIFICANT24%
End Markets
Landowner purchase groups
Residential real-estate developers
Specializations
Closed-loop escrow project financingFirst-ranking mortgage collateral structuresSubordinated mezzanine debtZero-report appraisal based underwritingInsurer framework agreements covering Sale Law buyer guaranteesIFRS 9 loan derecognition and ongoing servicing
