About

Ofer Mor Real-Estate Appraisal Ltd. specializes in real-estate appraisal and construction financial supervision and is one of Israel’s leading firms in its field. The firm provides accurate professional solutions for its clients, emphasizing personal service, availability, integrity, and reliability, and is therefore renowned as an authority in its field, amongst Israel’s banks, developers, and construction companies. The boutique firm's services include economic viability reports and construction financial supervision and support, economic consulting, various aspects of real-estate appraisal and credit collaterals (Standard 19) services, across Israel.

The firm was established by Ofer Mor, an economist and a certified real-estate appraiser who maintains nearly 25 years of professional experience regarding real-estate appraisal and project accompaniment, who provided many valuations and supported the constructions of thousands of housing units, and office and commerce spaces across Israel. The firm is approved and recommended by the leading banks, credit companies, financing funds and insurance companies. The firm’s clients include real-estate and construction companies, companies that hold yielding companies, banks, insurance companies, credit funds, businessmen, developers, constructors, purchasing groups, lawyers, and courts.

The firm provides comprehensive, dedicated and professional solutions, with a team of appraisers, engineers, practical engineers and economists, which include feasibility checks for development projects, valuations for bank credit purposes, valuations before real-estate sale and purchase, supervision of construction loans and reviews for any business activity that requires data analysis before making a decision.

The firm is proud of its excellent long-term professional relationships with the banks and with its clients, based upon mutual respect and appreciation while maintaining a high professional level.

Professional Excellence, Reliability, and Availability

Ofer Mor Real-Estate Appraisal is renowned for its professional excellence, creative thinking, and a client-oriented approach, carefully upholding its reliability and trustworthiness, and prioritizing the personal and dedicated service. The synergy that arises from the firm's profound knowledge, personal service and out-of-the-box thinking creates the added value from which the clients benefit.

The firm is available for its clients at any time, for any question and issue within its practice area, and acts with uncompromising professionalism, transparency, and involvement. The firm provides each client with a personally and flexibly customized solution, which stems from the understanding of the importance of each project for every client.

Practice Areas

The firm maintains three departments, the Economic Viability (“Zero Reports”) Department, the Construction Loans Supervision and Project Accompaniment Department which provides ongoing support and reports and the Appraisal Department, which carries out real-estate assessments and valuations.

Real-estate Appraisal – This Department maintains extensive expertise regaridng the valuation of various properties. Inter alia, valuations of lands, apartments, offices, commerce spaces, appraisal for the purpose of property pledges under standard 19, valuations for court reviews, valuations before asset acquisition and more. Moreover, the firm provides reviews concerning betterment charges, building rights checks, balance table between real-estate rights owners and valuations for financial statements under the IFRS.

Economic Viability – “Zero Reports” – This department holds vast experience pertaining to the preparation of “zero reports” and economic viability and feasibility checks for various projects, such as residential, commerce, offices, industry, hospitality, assisted living, gas stations, balancing and dividing apartments between partners and urban renewal. The department employs highly experienced real-estate appraisers from this field.

The department prepares reports of two main types: initial preliminary valuation for developers and constructors, to enable the decision-making concerning the project’s execution or real-estate purchase, and full “zero reports” which include a background and location description, building rights status, legal rights checking and description, construction estimates and revenues estimates, among others.

Construction Financial Supervision – This department includes civil engineers, practical construction engineers and economists, and handles the preparation of the supervisory reports for the financiers throughout the project’s construction period, as of receiving the financial support from the credit provider and up to the approval of an occupancy permits and the project’s occupation.

The reports provide monthly information regarding the project’s construction, which is reviewed by the firm’s engineering team, alongside financial control, executed by the economists' team.

The report provides the submitter and the creditors with an updated view of the project’s status, including compliance with the provisions of the construction loan agreement, a review of the building permits, control of the project’s budget and its utilization, monitoring of signed sale agreements and receipts thereof, the status of equity investments, the project’s profitability, and the creditor’s exposures.

This department works in full cooperation with the Economic Viability Department, to provide the clients a comprehensive and thorough solutions.