Education

MA – LL.M

BA – LL.B

Institute​

University of Cordoba

Supervision​

Dr. José M Caridad – Spain

Dr. Alon Hasgal – Israel

 

Position

Founder of Avraham Lalum & Co. law firm, Vice chairman of the Israel Bar Association, Chairman of the National Property and Land Forum.

Status

Doctorant 

Avraham Lalum

Risk management in global real estate transactions.

The purpose of this study is to explore and design methodologies and universal approaches for of applying a Controlled Purchase Mechanism (CPM) for global real estate transactions by managing possible uncertainties and applying controlled mechanisms to influence the deal risk factors.

By researching the existing risks in the field with an emphasis on transactions between countries will help to Create the (CPM). This research discusses the possibility and usefulness of using CPM as a tool for defining procedures, decision making and risk management factors as a cohesive framework for supporting global real estate developers and reducing Investors/Buyers risk. Unfortunately for real estate Investors, there is no widely accepted metric for controlling Investment risk — largely because individual real estate properties and construction development projects have unique attributes and economic conditions that make it difficult to apply “standard” risk prevention methodologies. Due to the impact of the real estate industry on the overall national economy, the real estate market contains huge financial risks, which will also threaten the security of the entire financial system and even affect the stability of the macroeconomy.

Therefore, strengthening the research on real estate financial risk has important theoretical and practical significance. This research aims to clarify the meaning, and explain the utilization and application of the CPM model by measuring and analyzes how to reduces real estate transactions risks. The application of CPM by developers and/or governmental regulators to avoid, control and/or transfer risk from the Investors/Buyers. This analysis evaluates the influence of the worldwide Regulatory aspects field of real estate property in an autonomous technology and mobility environment. The existing research mainly focuses on macroeconomic ratios in the context of decision support. In contrast, the present paper reveals a corporate decision support system, which fosters decisions guidelines for market and agents especially with regard to potential price and value divergences and tightening legal obligations.

The findings of this study would be beneficial to a variety of sectors (Including the relationship and impact on each other as part of the risk reduction research model). The CPM framework and methodologies will enable rapid and secure globalization (Including the meaning of separate legal systems for each country which produces greater risks) of real estate development and transactions and the prevention of speculative, high-risk transactions. This would be particularly useful in emerging less developed global markets where regulations and real estate-related legislation and protection is lacking.