MRR Secures $135M from Israeli Bonds

MRR Development just landed $135 million from Israel’s bond market to fuel two big projects: the Hotel Indigo in NYC’s Lower East Side—home to the buzzy rooftop bar Mr. Purple—and a massive Miami development site. With a 6.2% interest rate, this fresh capital gives them breathing room to push forward, especially on the Miami parcel, which could become a 1.9-million-square-foot mixed-use powerhouse. It’s proof the Israeli bond market remains a vital lifeline for U.S. real estate players, especially those with Israeli ties, offering both funding and corporate-grade debt access—just like it did a decade ago for giants like Starwood and Yoel Goldman. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/28a24b2d0a96eb04