Ruby Capital

Founded in 2015, Ruby Capital specializes in real estate financing offering high-yield, risk adjusted investments. The company’s expert team and successful track record underscore its stellar reputation.

Sharing over 100 years of cumulative experience in both the local and international real estate markets, Ruby Capital’s senior management boasts a rich network of global business connections.

For the past nine years, the company has been focusing on the Israeli real estate market, successfully raising, investing, and managing over NIS 14 billion. Funds are sourced from prominent local banks, insurance companies, business institutions, and other investors.

Credit as a Tool for Partnership and Growth

Providing end-to-end solutions for real estate projects, Ruby views its investments as catalysts for growth and as the foundation for a successful partnership with its clients, be they investors or developers.
The fact that most of them work with Ruby time after time is testament to the company’s integrity, reliability, and relentless pursuit of excellence.

Creative Financing Solutions

Pre-permit Financing for Urban Renewal Projects
Convinced of both the need for and the promise of urban renewal projects, Ruby Capital has developed proprietary pre-permit financing solutions for urban renewal projects.

Additional Financing Solutions
• Construction Loans for Developers
• Bridge Loans
• Take-Out Loans
• Inventory Bridge Loans

Sapphire Preferred Equity Fund
Leveraging its access to attractive business opportunities in Israel, Ruby Capital recently established Sapphire, a real estate investment fund, in addition to its booming debt business. In fact, Ruby Capital just closed a new NIS 1.5 billion funding round in Sapphire.

Collaborating exclusively with proven developers and experienced financial partners, Sapphire helps create value for joint projects.

Excerpt of Current Investments

• Port of Ashdod: Land acquisition and construction start of a storage and logistics center
• Holon: Land acquisition and improvement for residential purposes
• Lod: Industrial land acquisition; residential and commercial improvements
• Tel Aviv: Land acquisition and improvement for residential purposes
• Petah Tikva: TAMA 38/2 urban renewal
• Petah Tikva: Land acquisition via Israel Land Authority tender and full initiation to build 105 housing units

Senior Management

Ilan Rubinstein, Chairman and Founding Partner- Ilan served in senior management positions at several companies specializing in real estate development in both North America and Israel. Ilan has been a partner in dozens of real estate transactions, including acquisition, financing, initiation, rental and property management, totaling over USD 29 billion.

Gerson Schapiro, CEO and Founding Partner - Gerson founded an international metals trading company with offices throughout Europe, Asia, Africa, and the Middle East, also serving as the company’s CEO. During his tenure, he led the company to growth and commercial success. At the height of its operations the company reached an annual sales turnover of about USD 500 million. He served in senior positions in various Israeli high-tech companies and played a central role in steering them towards successful exits.

Andrew Mestel, Founding Partner - Andrew has extensive experience in global trade, financing, and marketing of commodities and raw materials. He also has a track record of founding new businesses and consistently leading them to growth and commercial success. Recently, Andrew has been focusing on real estate and has been involved in the acquisition, finance, debt syndication, and management of projects in Israel and the United States.

Yaakov Nitzan, President - Yaakov has 22 years of in-depth business and real estate experience. One of his major achievements was the development of Harel Insurance’s financial support system which manages thousands of housing units. Yaakov also held various executive positions in Israel’s finance industry overseeing the Israeli real estate credit activity worth billions of NIS.

Omer Alpern, Partner - Omer specializes in financing projects and especially in the complex financing of real estate assets. He has previously been involved in raising billions of NIS worth of debt and capital for real estate, infrastructure, and energy projects in Israel and around the world. An accountant by profession, Omer served in the past as CFO of City People and specialized in financial analysis and project management at BDO Ziv Haft. At Ruby Capital, Omer is leading the business development unit.

Mickey Berger, Head of Project Finance - Mickey has over 25 years of banking and finance experience. He held multiple roles at Bank Hapoalim, both in Israel and in the United States, focusing on real estate financing, risk management and credit financing. Mickey is also a licensed investment consultant.