Buskila Brothers Secures 280 Million Shekel Credit Line for Expansion
Netivot-based real estate firm Buskila Brothers has secured a 280 million shekel credit line from Menora Mivtachim and Reality Fund Finance to expand its business activities.
The Buskila Brothers real estate company, based in Netivot in southern Israel, has secured a 280 million shekel credit line from Menora Mivtachim and Reality Fund Finance. The private real estate firm, owned by Gabi, Yitzhak, and Eli Buskila, recently sold its Highlight solar rooftop company to Nofar Energy for 200 million shekels.
The six-year loan will be used to expand the company's business activities and will be backed by surplus revenues generated from its various projects. The financing deal was led by Amit Sarig, head of credit at Menora Mivtachim, alongside Gabi Buskila, CEO and owner of Buskila Brothers.
Yoni Michawi and Zvika Rettig led the transaction on behalf of Reality Fund Finance as partners in the firm. Sapir Abraham, CFO of Buskila Brothers, accompanied the deal alongside Kobi Alkelay, co-CEO of Giza Singer Ituran, and Adv. Hadar Hoch from Arnon Tadmor-Levy law firm.
