"Israel, for various reasons, has a number of investors that areawash in money," Schear tells GlobeSt.com. "They are a little bitnew at what they are doing in the United States."
Schear says the law firm represents large and small developerswho are seeking significant sums of money to pursue projects. Withthe credit crunch experienced in the US recently, developers areseeking other sources of funding.
And, while Israeli investors have long been active in theNortheast, they are increasingly turning their attention to theSoutheast. Schear attributes the shift in part to Delta's recentoffering of a direct flight from Tel Aviv to Atlanta. Schear alsonotes that there are 50 Israeli companies that operate inAtlanta.
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