Operates retirement housing communities complexes.
Migdaley Yam Tichon emerged from 2025 stronger in NOI, FFO, and operating cash flow, but its next leg of value creation still depends mainly on filling new assets and managing the resident-liability layer with discipline.
Migdaley Yam Tichon’s main execution risk now sits in Bat Yam and in the three homes under construction: value is already booked, but conversion into NOI and resident-funded economics is still only partial.
In 2025 Migdaley Yam Tichon reported strong-looking operating cash flow, but almost all of the improvement came from net resident deposits, while the all-in cash picture after investment, distributions, and debt service still depended on fresh funding.
