Harel Finance Alternative HaMagen US is the second fund launched by Harel Finance Alternative. The fund was established in September 2019 and is registered in Delaware, USA. Its predecessor fund was established in 2018 and engages in real estate equity investments in the US.
The fund provides commercial loans for income-producing real estate in the United States, primarily in major cities, with first-degree (senior debt) or second-degree (secondary debt) mortgages. Against a personal guarantee from a real estate developer. The investment is made together with local partners who have experience in the field.
