Yoel Goldman’s All Year raises $58M from Israeli investors

The company now has nearly $213M in Israeli bonds in circulation

New York /
Jan.January 06, 2017 07:39 PM

Yoel Goldman’s All Year Management raised $58.3 million in a private bond offering to Israeli institutional investors, according to documents filed on the Tel Aviv Stock Exchange Thursday.

Just prior to the issuance, All Year reported on the TASE that it was considering including its 50 percent stake in the 21-story William Vale hotel, in the portfolio it was using for the issuance. The William Vale complex in Williamsburg includes a rooftop bar, 40,000 square feet of office and retail space, and a 183-key hotel.

All Year TRData LogoTINY previously completed two public bond offerings on the Israeli market, and before Friday’s bond issue, had close to $155 million in bonds in circulation.

Goldman is part of the tightly-knit community of Hasidic real estate investors that dominates Brooklyn’s multifamily market. In November, his firm secured $215 million in construction loans for its 1 million-square-foot rental complex at the former Rheingold Brewery site in Bushwick.

All Year was advised on the deal by Rafael Lipa and Gal Amit of Victory Consulting. Raising money on the Israeli bond market has become a popular strategy for New York real estate players, and in May, The Real Deal took an in-depth look at the process.


Related Articles

arrow_forward_ios
Mack Real Estate Group's Richard Mack and JPMorgan's Jamie Dimon with a rendering of 123 Melrose Street (Credit: Getty Images and ODA Architecture)
Yoel Goldman sews up long-term funds for Rheingold Brewery Project
Yoel Goldman sews up long-term funds for Rheingold Brewery Project
Rabsky Group buying Gowanus parcel from Yoel Goldman for $95M: sources
Rabsky Group buying Gowanus parcel from Yoel Goldman for $95M: sources
Rabsky Group buying Gowanus parcel from Yoel Goldman for $95M: sources
Bondholders accuse Yoel Goldman’s All Year Management of breaching securities law in suit
Bondholders accuse Yoel Goldman’s All Year Management of breaching securities law in suit
Bondholders accuse Yoel Goldman’s All Year Management of breaching securities law in suit
Attorney General Letitia James with 198 Scholes Street, 11 Gunther Place, 506 Dekalb Avenue and 65 Kent Avenue (Illustration by THe Real Deal with Getty, Google Maps)
Yoel Goldman’s All Year Management investigated by NY attorney general
Yoel Goldman’s All Year Management investigated by NY attorney general
The William Vale hotel in Williamsburg (The William Vale, Getty)
Judge slams door on Weiss’ comeback attempt for William Vale
Judge slams door on Weiss’ comeback attempt for William Vale
A photo illustration of The William Vale in Williamsburg (Getty Images, The William Vale)
Yoel Goldman emerges to sue Zelig Weiss in William Vale dispute
Yoel Goldman emerges to sue Zelig Weiss in William Vale dispute
The William Vale Hotel in Williamsburg (The William Vale, iStock/Illustration by Kevin Rebong for The Real Deal)
Zelig Weiss throws another punch in fight for William Vale
Zelig Weiss throws another punch in fight for William Vale
Maverick’s David Aviram with 120 Evergreen Avenue (bottom) and 1157 Myrtle Avenue (Google Maps, LinkedIn)
Maverick targets Brooklyn landlord Yoel Goldman
Maverick targets Brooklyn landlord Yoel Goldman
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...