Alony Hetz Makes Foray Into U.S. Real Estate

Israeli firm agrees to invest $300 million in Carr Properties Corporation, a newly formed investor in Washington D.C. real estate, entering partnership with JPMorgan.

Alony Hetz Properties & Investments signed a binding agreement over the weekend to invest $300 million in Carr Properties Corporation, a newly formed investor in Washington D.C. real estate, marking the Israeli firm’s first major investment foray into the United States.