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Summer camp empire unravels in $449 million bankruptcy sale

Collapse of Simad Holdings reshapes ownership of 30 properties across six states
A private investment vehicle tied to FitzWalter Capital paid $120.8 million for Mohawk Day Camp in Westchester County, New York. (Simad Holdings)
A private investment vehicle tied to FitzWalter Capital paid $120.8 million for Mohawk Day Camp in Westchester County, New York. (Simad Holdings)
CoStar News
September 17, 2026 | 9:45 P.M.

One of the largest summer camp portfolios in the eastern United States is changing hands to multiple buyers after a federal bankruptcy judge approved nearly $449 million in sales tied to the financial struggles of camp operator Simad Holdings.

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