About
Building Capital Ltd. provides non-bank credit solutions for financing residential real estate projects in Israel. The company's comprehensive credit package includes equity completion, senior debt (credit line), capital rescue, and insurance policies sold through insurance companies. The company offers its customers a complete solution under one roof with dedicated, accessible, fast, and fair service.
Financial Specialization in All Construction Categories
The company specializes in providing non-bank credit for all construction categories in Israel: urban renewal (evacuation-construction - Pinui Binui, densification-construction NOP 38/1 and NOP 38/2 Tama), new construction on available land, and construction within the government Plan "Mechir LaMishtaken" (Buyer’s Price).
Comprehensive Credit Envelope at Competitive Prices
The company's team has rich experience in banking, finance, and real estate entrepreneurship in Israel and abroad. The decision-making process performed there is significantly shorter, compared to the conventional process in the banking and non-banking system. Moreover, the company provides with its customers a complete credit envelope at very competitive prices compared to what is offered in the market.
Experienced Senior Management
The company's leadership comprises experienced executives in the fields of construction and finance, including:
CEO Jack Wakim, former treasurer of Haifa Municipality who led the execution and financing processes of tens of billions of shekels in Haifa and the north; Chairman of the Board Shimshon Harel, one of the leaders in the residential real estate sector In Israel, co-founder and CEO of the America Israel Investment Company; Director Yigal Schreiber, former CEO of the Allied Group dealing in real estate, automotive, retail, logistics and infrastructure and chairman of the company's credit committee, Avi Golender, former head of the unit for control and examination of credit risk management at Bank Leumi.