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Insights & News / Terry Almozlino Arnon
Terry Almozlino Arnon Interviewed by Relevant about Third Apartment Tax
Terry Almozlino Arnon, the head our firm’s Real Estate Department, was interviewed by new Israeli media channel Relevant about renewed plans for a third apartment tax. She noted, “Reducing purchase tax will stimulate the market. A serious boost of encouragement is needed, even for a short period.”
Terry Almozlino Arnon Attends Dun’s 100 Real Estate Forum
Terry Almozlino Arnon attended the Dun’s 100 forum for senior legal professionals in the real estate field. She noted, "Real estate is a main artery in the economy and there is no area it does not touch. A real estate slowdown simulates a clogging of the arteries, and just as the body cannot survive long in such a state, neither can the economy." To continue reading, click here.
Critique of Proposed Amendment to Real Estate Taxation Law – Terry Almozlino Arnon Interview with ICE
"The goals of the amendment are important, but this is not the way to achieve them." Terry spoke with ICE about the Ministry of Finance's plan to impose additional burdens on the market for investment apartment buyers with the hope to increase housing supply and reduce prices. "To invigorate the real estate market, specific incentives, such as mortgage benefits, should be implemented," Terry proposed instead.
Barnea: Representing Aviv Group in Investment Transaction
Ilan Blumenfeld, Terry Almozlino Arnon, Alon Wolner, and Daniel Kleinman represented Aviv Group in a ILS 45 million investment by Menora Mivtachim in Aviv Group’s ILS 1.2 billion skyscraper project in Herzliya.
Representing Aviv Group in ILS 1.1 Billion Financing Agreement
Terry Almozlino Arnon, Alon Wolner, and Nadav Shoshan represented Aviv Group in a financing agreement for the purchase of land for the construction of 733 housing units in Herzliya. The scope of the financing agreement is over NIS 1.1 billion.
Simulated Contracts and Concealed Agreements
The Israeli Supreme Court’s ruling contains strict determinations regarding simulated contracts whose sole purpose is to defraud the tax authorities and the banking system. Inter alia, the Supreme Court addressed an ongoing judicial debate about the classification of simulated contracts.
Terry Almozlino Arnon Op-Ed: Supreme Court Rules to Invalidate Artificial Agreements
In a new ruling, the Supreme Court takes a step forward in declaring artificial agreements as invalid and illegal. (An artificial agreement is an agreement in which there is a discrepancy between the apparent agreements of the parties, as embodied in the contract, and their true will and intention.) Terry Almozlino Arnon, head of our firm’s Commercial Real Estate Department, sheds light on the subject in an op-ed for Globes.
Dissolution of Real Estate Partnership: Terry Almozlino Op-Ed in Globes
A recent Supreme Court ruling found that during the dissolution of a real estate partnership, it is preferable to issue a decision already during the pre-trial hearing. As an expert in the field of commercial real estate, firm partner Terry Almozlino Arnon published an op-ed in Globes analyzing the ruling.
Terry Almozlino Arnon Participates in Dun’s 100 Real Estate Forum
Terry Almozlino Arnon, head of our firm’s Commercial Real Estate Department, participated in the Dun’s 100 forum for senior legal professionals in the real estate field. The forum brought the professionals together to address burning issues in the industry. Topics of discussion this year included Israel’s housing crisis and the continued increase in interest rates.
Buying an Apartment “On Paper” – Caveat Emptor?
A new Supreme Court ruling reverses a district court decision, while imposing heightened liability and an enhanced duty to disclose information on “on paper” apartment sellers.
Closing a Deal – Transaction Closing in the World of Malls and Chain Stores
Terry Almozlino-Arnon, Alon Wolner, and Irit Brodsky are participating in a panel on how to successfully complete mall real estate transactions and commercial tenders. The panel is being held as part of the Israel Mall & Chain Store Conference held in Eilat.
Real Estate: Slowdown of Israel Building Inputs Price Index Affecting Buyers
In the last three months, Israel's Building Inputs Price Index rose by only 0.1%, affecting both apartment buyers and contractors. As part of a Globes interview with experts in the real estate field, Terry Almozlino Arnon, head of our firm's Commercial Real Estate Department, discussed the importance of Amendment 9 to the Sales Law (Apartments).
Recruiting Partners, Not Interns
Terry Almozlino and Ilan Blumenfeld explain to TheMarker how the office works to transform interns into partners.
Representing Azrieli Group in NIS 1.31 Billion Acquisition of Mall Hayam
Our firm represented Azrieli Group, the largest income-producing real estate company in Israel, in the acquisition of Mall Hayam for NIS 1.31 billion.
Firm partners Terry Almozlino Arnon, Ilan Blumenfeld, and Alon Wolner represented Azrieli in the transaction.
Representing Azrieli in NIS 860 Million Agreement with SolarEdge
Our firm represented the Azrieli Group in an agreement with SolarEdge to build the solar energy company’s new campus, at an investment of approximately NIS 860 million. The future campus will be built by Azrieli on a 6.5 acre site in Glilot North, east of the coastal highway (Road 2), which was purchased from private owners. Advs. Terry Almozlino Arnon and Alon Wolner represented Azrieli in the transaction.