Harbor completed its fundraising for the new fund in recent days when Clal Insurance became one of the fund’s anchor investors. The fund, as stated, will invest in debt products backed by multi-family assets in four main channels – Freddie Mac loans, Maznein and Preferred Equity loans, senior loans and special investment opportunities.
More in-
Idan Golomb, director of international real estate at Clal Insurance and Finance, said: “We continue to generate exposure to residential real estate for rent in the US, alongside other countries around the world, also through debt channels that currently reflect attractive return potential for our peers. This is a second deal for us within a year With the Harbor Group, following the completion of the acquisition of Blackrock Tower on Manhattan Sixth Avenue at the end of 2021, and a series of successful investments made by Clal Insurance and Finance with Harbor in recent years. ”