Joseph Moinian Completes Payment of More Than $630M in Bonds Raised on Tel Aviv Stock Exchange

Joseph Moinian, CEO and Founder of The Moinian Group, has announced the full payment of over $630 million in principal and interest on bonds issued through Moinian Limited, the company’s publicly reporting subsidiary on the Tel Aviv Stock Exchange (TASE). The successful repayment demonstrates The Moinian Group’s financial resilience and industry leadership, even amidst challenging market conditions over the past decade, including the economic disruptions caused by the COVID-19 pandemic.

“The repayment of these bonds reflects our strength as one of New York’s largest and most trusted landowners,” said Joseph Moinian. “This milestone represents more than just financial success—it underscores our ability to navigate complexities and deliver on ambitious goals. With this achievement behind us, we are excited to channel our energy into transformative projects that shape the future of New York City and beyond.”

Michael Zarifpoor, Senior Vice President at Moinian Group, added, “This repayment is a testament to our team’s ability to deliver on our financial commitments while continuing to expand and innovate. It reflects the trust the capital markets have placed in us and our strategy for long-term growth.”

“This journey has not only proven our financial strength but has also led to significant improvements in our internal reporting systems and organizational structure. The experience of managing this process has reinforced our commitment to transparency, accountability, and operational excellence further refining our internal processes to support future growth,” commented Yaron Babila, CFO of Moinian Limited.

Since first issuing bonds on TASE in May 2015, Moinian leveraged his personal equity, rather than specific assets, to secure substantial funding. These funds have been strategically invested to expand The Moinian Group’s portfolio through a series of innovative development and redevelopment projects, reinforcing its position as a leader in the real estate sector.

Momentum Builds as The Moinian Group Eyes 2025 Expansion

The Moinian Group enters 2025 with a strong trajectory, having recently achieved several significant milestones:

• In December 2024, New York Governor Kathy Hochul announced The Moinian Group’s selection as a key member of the Hudson Boulevard Collective to lead HDSN, a $1.35 billion transformative mixed-use project at Site K in Manhattan’s Hudson Yards District. This landmark development will deliver 1,349 homes, including over 400 permanently affordable units, as well as a vibrant hotel and community spaces. Strategically located adjacent to the Jacob K. Javits Convention Center and 3 Hudson Boulevard, a neighboring development site owned by The Moinian Group, HDSN exemplifies the company’s vision for creating thriving, mixed-use urban environments.
• Building on its legacy of successful residential developments in Manhattan’s Financial District, The Moinian Group reached two critical milestones in late 2024:
  • The topping out of 7 Platt Street, a 37-story, 250-unit luxury residential tower with a hotel podium, in November.
  • The launch of leasing at ARIA, a newly completed 114-unit luxury office to residential conversion at 90 John Street, in December.

These achievements further highlight The Moinian Group’s expertise in reimagining urban spaces and adapting to New York City’s evolving real estate needs.

About The Moinian Group

Founded by Joseph Moinian, The Moinian Group today owns and operates a diversified portfolio of assets across the United States and is among the only national real estate entities to develop, own and operate properties across every asset category, including office, hotel, retail, and rental apartments. The Moinian Group's holdings include high-profile assets in America's leading cities, including New York and Los Angeles. For the past four decades, The Moinian Group has been a pioneer in the development of emerging areas of New York City such as Downtown and West Side of Manhattan, developing commercial, residential, and mixed-use projects that combine luxury living, modern office space and high-quality retail. The Moinian Group maintains a reputation for developing state-of-the-art, aesthetically distinguished properties as the firm continues to strive for excellence. More information on The Moinian Group and its portfolio can be found at www.moinian.com

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