Israeli investors continue to be drawn to the New York City real estate firms that have looked to Tel Aviv as a means of raising affordable corporate debt, with Joel Wiener’s Pinnacle Group raising $65 million in the first phase of its latest Israel bond deal Thursday. Pinnacle Group, which trades in Israel under the name Zarasai Group, secured the $65 million, or 250 million shekels, in an institutional tender to Israeli investment firms, insurers, ... [more]