Israelis In Real Estate: From Ron Hershco in NYC to Clal in Chicago, Many Deals Abound

With 2013 almost 25% done, am seeing many deals done by Israeli investors from 2012-2013.  Amongst them:

n Clal Insurance Enterprising Holdings Ltd.’s joint US$221 million acquisition of a 40-story, Class A office building in Chicago;

n Menora Mivtachim Insurance and Migdal Insurance Company’s joint US$95 million acquisition of 180 Peachtree, a wholesale data center in Atlanta, Georgia;

n Investor Ron Hershco buying properties in the tri-state area

n Menora Mivtachim Insurance and Psagot Pension’s joint US$131 million acquisition of One City Centre, a Class A office property in Houston, Texas;

n Migdal Insurance Company’s joint US$107 million purchase of the CNN Building;

n Migdal Insurance Company’s joint US$28 million acquisition of Walgreens on the Strip, a single tenant, triple-net leased asset in Las Vegas, Nevada, partnering with Harbor Group International;

n Harel Insurance Company’s joint US$80 million acquisition of three residential complexes in Jacksonville, Florida, partnering with Landmark Residential and OP Trust, a Canadian pension fund.

Israel has many real estate investors. Amongst the investors always doing deals is Ron Hershco.  Connect with him on Linkedin here:

Filed Under: BusinessJewish business News


1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)

About the Author:

RSSComments (0)

Trackback URL

Leave a Reply

If you want a picture to show with your comment, go get a Gravatar.