By Shai Shalev On Friday, December 29th, 2017

Historic Pitkin Theater Sells for $53 Million to Shulem Herman

  The former historic movie theater, known as The Pitkin, in Brooklyn has been acquired by investor Shulem Herman for $53 million, making it the most expensive single-building deal ever seen in Brownsville More...

By Shai Genish On Sunday, December 24th, 2017

Reichmann Family Sell Jerusalem’s Luxury Hotel Waldorf Astoria for $130 Million

Canadian Reichmann Family has sold the Jerusalem Waldorf Astoria Hotel to French-Jewish businessperson Michel Ohayon, for $130 million. After six months of negotiations, an agreement was signed last Wednesday. The More...

By Shlomi Ella On Thursday, December 14th, 2017

Israeli Fattal Hotels Group and Swedish Pandox to Buy Jurys Inn Group For €907 Million

  Israeli Fattal Hotels Group together with Swedish hotel group Pandox have agreed to acquire the Irish Jurys Inn hotel group and brand from US investment firm Lone Star for £800 million (€907 million) More...

By Shiri Hadar On Wednesday, December 13th, 2017

Unibail-Rodamco Acquires Frank Lowy’s Westfield for $16 Billion

European property giant Unibail-Rodamco SE announced the acquisition of Frank Lowy’s Westfield Corporation to create the world’s premier developer and operator of flagship shopping destinations. More...

By Shlomi Ella On Sunday, December 10th, 2017

Teddy Sagi’s Brack-NV Buys Land in Dusseldorf for About €133 Million

  The real estate company Brack-NV, controlled by Teddy Sagi, is signing a strategic deal to expand its activity in the development of residential real estate in West Germany. The company reported that it More...

By Jewish Business News On Wednesday, December 6th, 2017

Trump Arranges a Fat Bonus for the Israeli Real Estate Companies in the US

  The decision last week by US President Donald Trump in the House and Senate to lower corporate tax rates is expected to have a significant impact on Israeli real estate companies operating in the United More...

By Jewish Business News On Sunday, November 26th, 2017

Could Tiny Homes Solve the Housing Crisis?

  There are about 10,000 tiny houses in the U.S, as of 2016, ready to solve construction and land costs in the cities. As more companies start including the concept, this number is likely to increase, the More...

By Shai Genish On Wednesday, November 15th, 2017

Israeli Billionaire Noam Gottesman, Mike Fascitelli Raising $500 Million for Blank Check Company

    Israeli-American billionaire Noam Gottesman and former president of Vornado, Michael Fascitelli, raise $500 million for a blank check company to make acquisitions in the real estate and hospitality More...

By Ilan Shavit On Wednesday, November 8th, 2017

Ori Allon’s Real Estate Startup Compass Nabs $100 Million at a $1.8 Billion Valuation

  The startup Compass, which has developed a technology platform in real estate, announced the completion of a $100 million financing round, led by Fidelity Investments, Wellington Management, Institutional More...

By Shai Genish On Monday, October 30th, 2017

Lennar Corp. Pays $9.3 Billion for CalAtlantic, Becoming Biggest U.S. Homebuilder

  Miami-based Lennar Corporation and CalAtlantic Group, today announced a definitive merger agreement creating the largest homebuilder in the United States, in a transaction valued at $9.3 billion, including $3.6 More...


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