Jason Ducret

Head Of Cre Portfolio Management

Bank Hapoalim

(BHI, Bank Hapoalim International)

1120 Avenue of the Americas New York, NY 10036

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Person Activity past 24 months:

Lender signatory: 2 for $212.9 million

Top Ten Associated Companies:

Ashkenazy Acquisition (1), Yellowstone Real Estate Investments (1)

Top Ten Associated People:

Ben Ashkenazy (1), Tsach I. Hera (1)

Recent activity as signatory:

Timber Equities borrowed $55 million from Berkshire Residential Investments for None on May 08, 2026.

Yellowstone Real Estate Investments borrowed $155.9 million from Bank Hapoalim for 221 West 41 Street on March 30, 2026.

Harry Einhorn borrowed $115 million from Citibank for 884 Franklin Avenue on May 06, 2025.

United Construction & Development Group borrowed $25 million from New Era Life Insurance Company for 131-39 Roosevelt Avenue on December 03, 2024.

Hampshire Properties borrowed $24 million from MF1 Capital for 2351 Nostrand Avenue on August 02, 2024.

Sabah Shemel, David Shemel and Danny Mashal borrowed $29 million from JPMorgan Chase for 234 7 Avenue on August 02, 2024.

Ashkenazy Acquisition borrowed $57 million from Bank Hapoalim for 92-59 59 Avenue on July 09, 2024.

Latest Stories:

• Timber Equities signs $55M refi with Berkshire Residential for 115-unit rental in Marble Hill (May 21, 2026)

• Yellowstone signs $155.9M construction loan for 192-unit conversion in Garment District (April 13, 2026)

• United Construction & Development signs $25M refi with New Era Life for dev site in Flushing (December 27, 2024)

• Hampshire Properties signs $24M refi for new 59-unit building in Flatlands (August 21, 2024)

• Sabah Shemel, David Shemel, Danny Mashal obtain $29M refi in Chelsea (August 07, 2024)

• Ashkenazy Acquisition ups debt to $57M from $31M at Queens Center Mall (July 15, 2024)

• Harry Einhorn signs $85M construction loan with Bank Hapoalim for development in Crown Heights (December 08, 2023)

• Yellowstone Real Estate signs $60M loan for Times Square office acquired through deed-in-lieu (September 21, 2022)

• Yellowstone acquires EPIC’s Times Square office building through $161M deed-in-lieu (March 24, 2022)

• Ashkenazy Acquisition picks up former J.C. Penney store for $40.5M (January 05, 2022)

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