Monday, 9 September 2019

Joel Gluck eyes Israeli bond offering to refi half-finished church conversion. Appraisers have questions.

Is the comeback on? A week after Silverstein Properties signaled its intent to issue a new bond series on the Tel Aviv Stock Exchange, another New York developer is following suit. Joel Gluck’s Spencer Equity Group is preparing to issue its fourth Israeli bond series, according to a disclosure filed with TASE on Sunday. The size of the issuance has yet to be announced, but the new bonds will be backed by a first mortgage […]



source https://therealdeal.com/2019/09/09/joel-gluck-eyes-israeli-bond-offering-to-refi-half-finished-church-conversion-appraisers-have-questions/

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