Tuesday, 12 June 2018

The Israeli debt game is getting crowded. Here’s a look inside the battle to win US real estate business

In 2014, Adam Mermelstein and Azi Mandel caught wind of a novel way to score cheap financing: they could issue millions of dollars worth of bonds on the Tel Aviv Stock Exchange at far better rates than they would get from stateside lenders. “It’s made out to seem like a walk in the park,” said Mandel, co-founder of New York-based Treetop Development with Mermelstein. “You open the treasure chest and money comes pouring out.” The […]



source http://therealdeal.com/2018/01/29/the-israeli-debt-game-is-getting-crowded-heres-a-look-inside-the-battle-to-win-us-business/#new_tab

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