Gamla Harel Residential Real Estate Ltd Gamla Harel Residential Real Estate Ltd engages in providing non-bank financing solutions to real estate developers and entrepreneurs primarily in Israel, focusing on residential projects through equity financing, mezzanine loans, bridging loans, and equity investments. The company offers a comprehensive suite of services including financing against collateral for project equity requirements; full financial advisory and accompaniment; loans for land acquisition; pre-approval stage project funding; surplus extraction from ongoing projects; credit lines for capital expansion; and selective equity stakes in projects and developer companies. Founded in 2006 and headquartered in Tel Aviv-Yafo, Gamla Harel Residential Real Estate Ltd operates exclusively within the Israeli real estate sector, serving developers across residential construction initiatives. In December 2024, the company completed a reverse triangular merger, becoming a wholly owned subsidiary of Harel Insurance Investments & Financial Services Ltd Harel Insurance Investments & Financial Services Ltd following Harel's acquisition of the remaining 83% stake for approximately NIS 560 million, enhancing its growth prospects in real estate financing under the larger group's backing.