A good opening for Eyal Lapidot’s non-bank credit company. Archimedes, which operates in the field of real estate management and is managed by Tali Richman, provided NIS 240 million for credit facilities of real estate companies in the first quarter of 2022 – the first quarter of its activity. The company, in which Lapidot holds most of its shares, has provided an additional NIS 580 million as part of the requirements of the Sale Law guarantees for about 10 projects in the field of residential real estate development.
Lapidot previously served as CEO of the Phoenix Insurance and Finance Group and CEO of Shikun VeBinui. The company he founded deals with real estate financing through the provision of senior debt, a nourishing debt that is the completion of equity and the execution of financial partnerships in urban renewal projects.