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Fisher Brothers Funds Buildings with Israeli Bonds | Real Estate News
Fisher Brothers is turning to the Israeli bond market for funding, eyeing a $400M mortgage-backed buyout of JPMorgan’s stake in their 605 Third Ave building—already 84% leased—and using proceeds to fuel capital, leasing, and operational needs across their portfolio. With attractive rates (6–6.5%) and public trading on Tel Aviv’s exchange forcing financial transparency, this move signals a growing trend as U.S. developers seek cheaper financing abroad, while recent big leases—including 20K sq ft with Karbone and 700K+ sq ft with Paul, Weiss—show their Manhattan momentum. Listen in comfort:Get…
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