Gary Burnett in negotiations to enter as a partner at Hapoel Jerusalem

by time news

Exposure: American real estate entrepreneur Gary Burnett is in advanced negotiations to join the Hapoel Jerusalem basketball team. 27% in the group from the capital, while the Jewish-American businessman, Michael Davis, who recently joined as a partner in the group, will remain with about 51%.

Davis is recruiting more businessmen so that he can set a proper budget for the Jerusalem group so that it can compete again for the degrees. Brent is well known to the capital market in Israel, with Extel being one of the first foreign companies to issue bonds on the Tel Aviv Stock Exchange.

Brent previously raised NIS 1.3 billion in Israel between 2013 and 2014, which did not prevent Extel from meeting all its obligations to holders. Even today, it has bonds traded on the Tel Aviv Stock Exchange for hundreds of millions of shekels.

Brent previously lived in Belgium and worked in the diamond business in a family business, previously built the Orion Building in Manhattan, and also built the one57 skyscraper, at the corner of 57th Street and Seventh Avenue in Manhattan.


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