Silverock Group
Hasten family investment company (Netanya/Herzliya Pituach) investing in hospitality, real estate and banking; now focused on Israeli real estate and The Modani spa resort.
USEFUL FOR Co-investors
Family & background
- FAMILY
- Hasten
- HEADQUARTERS
- Herzliya, Israel
- FOUNDED
- 1970
Investment approach
- SECTORS
- Real Estate & PropTech
- GEOGRAPHY
- IsraelUnited States
- ROUTES
- Direct investments
- STRATEGIES
- Real estateDirect investments
Overview
Silverock Group describes itself as a family-owned investment company investing in hospitality, real estate and banking. Founders Mark and Hart Hasten began in Indianapolis in the early 1970s with convalescent homes and residential and commercial real estate, and in 1974 acquired First National Bank & Trust of Indiana, sold to Bank of Montreal in 2006. Silverock still holds investments in the US but now focuses on real estate development and hospitality in Israel, led by The Modani, a planned luxury spa resort at Havatzelet HaSharon north of Netanya, and luxury homes in Ra'anana and Caesarea.
Investment thesis
Invests in the areas it understands best: hospitality, real estate and banking.
Holdings & investments (2)
- First National Bank & Trust of IndianaFintech · since 1974 · Exited
- The ModaniReal Estate & PropTech
People
Classification
Family Holding. A family's holding company that owns stakes in several separate businesses or invests beyond its own group, without calling itself a family office. How family capital is classified →
FAQ
Silverock Group is a family holding based in Herzliya, Israel, founded in 1970.
Silverock Group invests on behalf of the Hasten family.
Silverock Group invests directly in companies. Its stated asset mix includes real estate and direct investments.
Silverock Group invests in Real Estate & PropTech.
Key people at Silverock Group include Mark Hasten (Co-founder), Hart Hasten (Co-founder), Judy Kaye (Real estate, design and development (family member)) and Neil Kaye (Hospitality and development lead).
Silverock Group's holdings and investments include The Modani and First National Bank & Trust of Indiana.