Adith Finance Provides 34 Million Shekel Financing for New Ground-Level Housing Project in Ra'anana

Adith Finance will provide financial backing for a new residential project in Ra'anana, involving the construction of four ground-level housing units (cottages) at 51 Revutzky Street. The project's total value is estimated at approximately 34 million shekels. This initiative is led by developer Israel Sheinfeld, who is active in residential construction and has built a strong reputation in urban renewal, TAMA 38 projects, preservation buildings, and high-rise developments, mainly in central Israel.

Adith Finance is represented by attorney Ran Aziel from the Arnon Tadmor Halevi law firm, while Israel Sheinfeld is represented by attorney Gil Turgeman. Sheinfeld described the project as a high-quality development in a sought-after Ra'anana location and emphasized that collaboration with a professional financial partner enables orderly and secure project advancement with a long-term focus on quality and goal achievement.

Ruth Levi, CEO of Adith Finance, stated that projects like this represent a natural evolution in the ground-level housing market in high-demand areas. She highlighted that financial support allows developers to manage projects precisely and flexibly, adapting to changing market conditions while maintaining financial stability throughout execution.

Founded in 2023 by a group of Israeli and American investors from legal, real estate, and economic sectors, Adith Finance specializes in financial guidance and funding solutions for residential and urban renewal real estate developers across Israel.