Areas of Expertise

Evacuation and Reconstruction

Gastfreund-Marco is one of the largest and most prominent firms in Israel, specializing in managing complex urban renewal projects. The firm has extensive experience overseeing thousands of housing units in clearance and reconstruction projects nationwide. We provide comprehensive services to residents, including appraisals and economic and urban planning consulting throughout all project stages.

Our primary role is to balance the diverse interests and needs of residents and to develop an optimal solution that ensures a fair outcome. We assist residents in negotiating with developers, authorities, and other stakeholders, ensuring their interests are safeguarded throughout the process

Our team includes experienced real estate appraisers, economists, and attorneys. This multidisciplinary approach enables us to provide our clients with holistic advice and creative solutions to the complex issues typical of urban renewal projects. We specialize in handling challenging situations, such as disagreements among residents, planning issues, compensation gaps, and more. Our extensive experience allows us to successfully address problems that may arise and effectively advance the project in collaboration with residents and their legal representatives

Work Process

Our support begins with an in-depth study of the project, getting to know the residents’ representatives, and identifying the specific needs of the project. When necessary, we analyze the various alternatives from economic, planning, and legal perspectives, assessing the impact of each option on the residents. We then work closely with the residents’ representatives to develop the optimal framework and assist in drafting the required agreements and contracts. Throughout the process, we provide ongoing advice to the residents and represent them before all relevant parties.

Our firm’s appraisal consulting and support services include, among others:

A visit to all existing properties and preparation of a scoring table assessing their current condition, based on accepted appraisal principles.

A review of the project’s initial valuation report (“Zero Report”) and evaluation of the value of sales guarantees under the Real Estate Transactions Law.

An estimate of appropriate rental values for all existing properties during the evacuation period.

A review of the appraiser’s documents submitted as part of the Urban Building Plan (Taba).

Creating a scoring table for the new units in the redevelopment project, according to accepted appraisal principles and in line with the agreement between the developer and the property owners.

Support in addressing appraisal matters, should they arise, throughout the work with the developer.

A review and evaluation of the developer’s financial feasibility report.

Determining fair compensation in cases of discrepancies between the agreed-upon plans and/or consideration of the plans ultimately approved in the building permit.

Evacuation and Reconstruction

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