There's a new neighbor in town: Israeli businessman Ori Allon recently purchased a mansion in the up-scale neighborhood of Herzliya Pituach for an astonishing price of $58 million (about NIS 180 million).
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The purchase marks one of the most expensive real-estate deals in the country's history.
Allon co-founded Compass Real Estate, a SoftBank-backed technology-based startup considered to be one of the largest real estate agencies in the US with over 19,000 agents around the country.
Compass reported that its 2020 revenues climbed to $3.7 billion from $2.4 billion in 2019.
