Seasons Leisure Division’s Sale of Rights in the ‘Kfar Hayam’ Hotel
Goldfarb Gross Seligman & Co. acted for Seasons Leisure Division Ltd on the sale of its ‘Kfar Hayam’ Hotel in Hadera, Israel.
Seasons Leisure Division is a subsidiary of property firm Aspen Group Ltd. With the execution of the transaction, Seasons Leisure Division completed the sale of all of its rights in the ‘Kfar Hayam’ Hotel, including its shares in the resort village’s management company and all assets contained within the hotel itself. The deal was completed with a consideration of NIS 110 million, excluding VAT.
Goldfarb Gross Seligman & Co. advised the seller with a team led by Israel Aziel, head of the firm’s real estate department, as well as partner Yael Mirone Mezamer, attorney Liat Buhnik and intern Bar Madmon.