Healthcare mogul Daryl Hagler to buy Camp Mesorah

Daryl Hagler has emerged as a white knight for struggling landlords in recent years. He is now on the verge of becoming the savior of a popular summer camp in upstate New York.

Hagler’s entity, DHAN Masores, offered $5.6 million to acquire Camp Mesorah, an Orthodox Jewish summer camp in Guilford, New York, from Simad Holdings. Simad, the owner of 30 camps, is selling its camps through bankruptcy. Hagler previously provided the camp with debtor-in-possession financing to sustain operations, allowing him to make a credit bid. He plans to inject $2.2 million into the camp, according to a Tel Aviv Stock Exchange filing.

Camp Mesorah was valued at $6.1 million in 2025 with projected revenue of over $4 million a year. The camp sits on more than 100 acres of land and charges about $6,000 per session.

Hagler is adding to his varied lines of business. He made his fortune running Centers Health Care with his business partner Kenneth Rozenberg, and now serves as vice chairman of the Israeli national airline El Al, which Rozenberg owns. Hagler has also backed prolific Brooklyn dealmaker Isaac Hager, and provided debtor-in-possession financing for Moshe Silber’s struggling real estate portfolio.

Hagler nor his attorney Jeffrey Zwick returned a request to comment. Camp Mesorah did not immediately return a request for comment.

Simad, led by Michael and David Shabsels, raised about $200 million from Israeli bondholders in December. The company missed its first payment in May and revealed about $34 million of funds had been diverted to the Shabselses companies. Simad and the brothers filed bankruptcy in June. Simad, now run by a restructuring officer, faces criminal investigation from the Israel Securities Authority and the United States Department of Justice.

The camps have received extensive interest from investors, according to court filings. Five of the stalking horse bids have come from existing camp operators, or co-owners of the camps. To date, eight camps have received offers, either through a stalking horse bid, which sets a price floor for an auction, or a private sale. Objections to the stalking horse bids are due Friday. A sale hearing is scheduled for Aug. 4.

Some objections have already been filed in bankruptcy court filings. Camp parents filed dozens of emails to the bankruptcy court judge objecting to Ohel Children’s Home and Family Services’ stalking horse bid of $12 million to acquire Camp Echo. Ohel, a non-profit Jewish social services agency, is not planning to continue Camp Echo under its existing brand, according to a bankruptcy court filing. A board of directors of a neighboring community of 50 homes also sent a letter to the judge, worried about the impact.

“What is to prevent OHEL from knocking down the camp and replacing it with high density housing?” the letter said. “Where is the concern for the present neighbors and neighborhood and our properties?”

In another objection, Enhanced Capital Pennsylvania Rural Fund described how it had provided a $2 million loan to Simad’s Camp Green Lane but allegedly had a guarantee backed by the property of another camp, Camp Chen-a-Wanda. Enhanced Capital’s allegations show the complexity and messiness of the Simad bankruptcy, in which Simad and the Shabselses appear to have double pledged and cross collateralized debt, meaning multiple lenders could claim a lien on the same property.

Camp	Bidder	Offer	Appraised Value
Achim	Camp Achim LLC, Joseph Willner	$7M	$6.3M
Island Lake	CMAO, LLC, Craig Odiorne	$10M	$14.4M
Mesorah	DHAN Masores LLC, Daryl Hagler	$5.6M	$6.1M
Mohawk	Grandview Ventures, David Zaslav	$68M	$85.8M
Pine Forest, Timber Tops, Lake Owego	Mitchell Black, Camp Management Services	~$12.8 million + Assumption of Wayne Bank debt	$34.4M
Chen-a-Wanda	Eleven11 Holdings LLC, Jon Grabow	$17 million	$15.1 million
Echo	Ohel Children’s Home and Family Services, Inc.	$12 million	$9.8 million
Lokanda	18 Lions LLC, Ronen and Dana Gabbay	$18.15 million	$18.5 million

Source: 2025 appraisal done by the U.S.-based Leitner Berman, court documents

SSG, the investment firm handling marketing of the sales process, had contact with about 70 potential purchasers as of late June, according to court filings, though Simad hasn’t publicly shared bidders for 21 other camps in its portfolio. One Simad camp, Willow Lake, is not part of the bankruptcy proceedings.

Spencer Davis contributed reporting.