
How a Canadian Billionaire Reshaped Israel's Housing Market
In 2011, Canadian billionaire Hershey Friedman bought a struggling Israeli developer for NIS 300 million. Today, it's a NIS 5 billion real estate powerhouse.

Sofia Kovaleva brings a global perspective to business and finance, with a particular interest in comparative market trends and international economic influences. She often highlights the cross-cultural aspects of corporate leadership.
Portfolio

In 2011, Canadian billionaire Hershey Friedman bought a struggling Israeli developer for NIS 300 million. Today, it's a NIS 5 billion real estate powerhouse.

A growing number of German-focused real estate funds, including the nearly €1 billion Fokus Wohnen Deutschland, are halting investor withdrawals amid a surge in redemption requests.

New data from the Real Estate Board of New York shows city rental listings plunged by 33% year-over-year in January, sparking renewed debate over the FARE Act's impact.

Real estate investors are using cost segregation studies to accelerate depreciation deductions, reclassifying building components for faster tax write-offs and boosting cash flow.

The Dow Jones Industrial Average has surpassed the 50,000 mark, a historic milestone celebrated by the White House but met with caution from some analysts.

Median home prices in the Hamptons reached a record $2.34 million in Q4, driven by Wall Street bonuses and tech wealth. Luxury sales are booming, shifting overall market dynamics.

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Tokyo Electric Power Co. plans to sell ¥200 billion ($1.3 billion) in assets over three years to fund the Fukushima cleanup and invest in new power generation.

A surge of American buyers is revitalizing the Paris luxury real estate market, with experts citing U.S. political uncertainty as a key driver for investment.

China's economy grew by 5% in 2025, meeting official targets, but a severe property crisis is crippling domestic demand, freezing the housing market, and straining local government finances.

For nearly 50 years, Richard Branson has cultivated a real estate empire in the British Virgin Islands, transforming a $180,000 purchase into a billion-dollar brand.

Bank of America analysts predict European real estate stocks are poised for their best returns in decades, driven by stable interest rates and low valuations.

US home sales hit a 30-year low in 2025 with 4.06 million previously-owned homes sold. Economic uncertainty and rising mortgage rates impacted the market, though December saw a 5.1% sales increase.

A top Morgan Stanley executive has identified 2026 as a key year for real estate, highlighting net lease properties as the firm's top investment strategy.

Thousands of Canadians are unable to access billions in private real estate funds after a housing market downturn forced funds to block withdrawals, raising concerns about future construction.

Internal documents from Compass reveal its strategy to challenge "organized real estate," including NAR, MLSs, and Zillow. Filings show internal agent debates over off-MLS listings, the impact on doub

Private credit firm Benefit Street Partners has raised $3 billion for a new real estate fund, creating a $10 billion investment vehicle to target U.S. property deals.

A new report on 2026 luxury real estate reveals a major trend: wealthy families are increasingly buying homes designed for multi-generational living.

Saudi Arabia is developing Khuzam, a new $27 billion city north of Riyadh, to address housing affordability and attract foreign investors as part of its economic diversification plans.