Always Building Value
Always Building Value
One of the key elements of Gamla Cedron’s successful track record is our talent for generating positive returns regardless of current market conditions. When the company was first formed in 2008, Gamla Cedron took projects that were fractured or distressed because of the real estate crash, and transformed them into market-leading income-producing properties and stable real estate portfolio assets. Our purpose then was to continually create value by rehabbing the properties to provide a strong rental foundation, and then keep enhancing value over time to make each property a desirable asset for any exit strategy, sale, acquisition or refinancing.
Today, we develop new ground-up properties and pursue special opportunities with the same established strengths: in-depth analysis of market conditions and consumer behaviors, the ability to recognize key destinations with high potential growth or expansion, and disciplined investment criteria to ensure the properties meet or exceed financial goals.
Gamla Cedron also enhances value by leveraging our established relationships with financial institutions to acquire and invest in properties with direct purchasing power and advantageous starting price points. When combined, this approach yields tremendous returns and accelerated time frames on profitability that is unmatched by other real estate firms.
To date, Gamla Cedron has effectively applied this approach towards 9 condominium and multifamily properties, 1,100 total residential units, and 7 prime commercial, retail, and office space properties in major markets throughout Florida and the Midwest.
Gamla Cedron Group’s proven track record in multiple markets is a direct reflection of the hands-on commitment and exceptional attention to detail our principals bring to each project. Together, our leadership team offers the wisdom, insight, and experience of 40 years in high-level real estate investments and property management.
The company as it’s known today was created from two groups – Gamla Group and Cedron Group, which each account for 50% ownership of the total firm. The Gamla side is the U.S. branch of Gamla Millennium Investments Ltd., an Israeli conglomerate with large-scale investments in real estate operations around the world. The Cedron side is the subsidiary of the Amitech group headed by Mr. Yoram Ezri and the Ezri family.
In 2008, the Gamla Cedron collaboration was formed by founder and President, Shaoul Mishal and Yoram Ezri, the sole beneficiary of the Roselet Trust (Cedron) and Ephrai Shpitalni, Chairman and CEO, and the primary shareholder for Gamla Millennium.
a combined total of over 75 years of experience in real estate investing
Since that time, Gamla Cedron achievements include:
- New ground-up developments in hot markets such as Miami’s Little Havana neighborhood
- Acquisition, redevelopment, and repositioning of thousands of fractured or distressed condominiums throughout the state of Florida, and Chicago, Illinois.
- Earning the title of the number-one bulk purchaser of condominium units in Tampa after the 2008 fall out of the real estate market.
- Successful financing solutions for New York developers creating boutique properties.
- Improved cash flow and property value through our exclusive property management team – YES Management.
As a division of Gamla Millennium Investments, Ltd., the Gamla Cedron Group is connected to a number of international real estate companies, including Gamla-Harel – a non-banking institutional lender specializing in capital financing and serving real estate entrepreneurs. Gamla-Harel is backed by the third-largest public insurance company in Israel, and recently has completed a very successful IPO at the Israeli Stock Exchange, becoming a public company.