Barak Real Estate

Barak Real Estate is a leading and growing investment group, which began its activity as a finance and investment for real estate projects – classic construction, combination transactions, urban renewal, and yielding real estate projects. In recent years, the group has transitioned from focusing solely on financing to becoming a real estate company operating also in the fields of entrepreneurship and value enhancement, while expanding its internal capabilities in project management, planning and engineering, process advancement, and marketing and sales support, alongside continuing to provide a diverse range of financial services. In the residential field, the company is a partner (financial and operational) in many projects across the country, including in Tel Aviv, Jerusalem, Rehovot, Petah Tikva, and more. The company entered the yielding real estate field in 2018, when it acquired several neighborhood commercial centers with partners. As of today, the company holds commercial and logistic areas as well as promotes betterment of lands in licensing and zoning plan stages. Most of the company’s financial resources are derived private investors and its own capital and, and within the framework of its financial activity, Barak Real Estate financed approximately NIS 450 million projects to date. Barak Real Estate’s activity is based on risk management, transparency, and the evaluation of every transaction.

A Designated Solution for Urban Renewal (Pinui-Binui) from Early Stages up to Maturation

The company provides evacuation-reconstruction (Pinui-Binui) developers with solutions in the early stages of the project, starting from the formation of the complex or the notice of project award. With the understanding that success in urban renewal is built over time, the company combines early-stage financial support with professional managerial capabilities that assist in advancing the project (planning, coordination, control, and marketing strategy), in accordance with the nature of the developer and the project. In order to hedge itself financially, the company provides early-stage solutions alongside support/partnership in the developer’s advances projects.

Adding Complementary Development Capability

Barak Real Estate has extensive knowledge accumulated over 80 of its projects, which enables it to view a macro-overview of the real estate market – its challenges, opportunities and its characteristics. This experience allows the company to work in true partnership with the developers, and while in the past the partnership model focused on leading the partner developers, in recent years the company has strengthened its internal capability to provide a broader professional framework of management, planning, control, and execution, with the aim of delivering maximum added value to the assets and projects under its ownership. Barak Real Estate carefully chooses the partners its work with and selects them using strict criteria, looking at every transaction separately and becoming closely familiar with the partner.

From Financial Expertise to Entrepreneurial Real Estate – A Natural Evolution of the Group

Mr. Barak Hass, the company’s founder and CEO, comes from the financial world. He served as the CFO of Rimon (an internet company for the religious sector) and even served as its director. In 2011 he started his first company – Barak Consulting and Investments, which assists thousands of customers each year to improve their financial position in the fields of mortgage, finances, pension, and more. The company provides services and support to many customers and is constantly growing. His second and more dominant company, Barak Real Estate, was established 9 years ago to provide investment solutions for families and private individuals looking for lucrative investment opportunities in real estate. Over the years, and particularly in recent times, Barak Real Estate expanded its activity from the worlds of financing and investment into entrepreneurial real estate: project management, planning and engineering, process advancement, and marketing support - as part of a philosophy of “ownership/responsibility” for the outcome, not only for the financing. Currently, the company employes financial managers, project management, a business development manager and investor recruitment, and it works with some of the best lawyers in the industry. Additionally, the company uses leading professional consultants including top tier appraisers and tax consultants. Barak Real Estate distinguishes itself by being able to tailor a designated solution for every investor or developer while combining strong financial stability, risk management and a developing operational capability that enables the developer to carry out longstanding broad initiatives over time.