Banking and Risk Management Department
Yigal Borochovsky & Co.’s Real Estate Department specializes in representing local and foreign banks and the largest financial institutions in Israel. The department is one of the most distinguished departments in the field of real estate law in israel. The department provides its clients with full legal support, while finding financial solutions that match the nature of the client and the project.
The department staff has a unique mix of legal knowledge and experience in both commercial real estate and the financing solutions required by large scale projects, which is a significant advantage that best serves the interests of our clients.
Commercial Real Estate – The department’s lawyers have many years of experience handling real estate transactions for large scale construction projects in Israel, including large-scale residential and commercial real estate transactions, “combination” transactions, representing acquisition groups, as well as projects for urban renewal.
Real Estate Financing – In the field of real estate finance, the department’s staff is highly experienced in representing business clients in complex real estate financing transactions, such as hospital construction projects, medical centers, residential buildings – transactions that require extensive legal knowledge and a thorough understanding of the commercial aspect. We use our experience and reputation in the banking sector to secure the best terms for our clients in financing deals.
Urban RenewalI – In the field of real estate and urban renewal, the department represents clients in complex real estate transactions, including construction of residential buildings, combination transactions, purchasing groups, etc, and provides its clients with full legal representation before the various entities, including government ministries and local authorities, in cooperation with the relevant officials, until the successfully completion of the projects.
We accompany our clients throughout the entire process – from the stage of purchasing the relevant real estate asset for the project, through the process of due diligence, changing the local designation of the property, if needed, preparing tenders and agreements with contractors and professionals, all the way to the marketing stage of the project, when relevant.
The department also provides legal services on aspects relevant to collateral of various types, including mortgages and other liens, as well as drafting all of the agreements and documents relevant to the financing transactions and the registration of collateral.
The department’s clients include a wide range of the largest financial institutions in Israel, including Bank Hapoalim, Discount Bank, Mercantile Bank, Union Bank, The Phoenix Group, etc.