El-Ad Group, (El Ad US Holding, Inc.) is a real estate development conglomerate based in Israel. Among its subsidiaries is New York City-based Elad Properties, which owns several landmark properties in that city and in May 2007 purchased the New Frontier Hotel and Casino in Las Vegas, Nevada for a record $1.2 billion. The ElAd Group is a subsidiary of Delek Group, owned by Yitzhak Tshuva, a self-made billionaire with assets around $4 billion. Tsh...
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El-Ad Group, (El Ad US Holding, Inc.) is a real estate development conglomerate based in Israel. Among its subsidiaries is New York City-based Elad Properties, which owns several landmark properties in that city and in May 2007 purchased the New Frontier Hotel and Casino in Las Vegas, Nevada for a record $1.2 billion. The ElAd Group is a subsidiary of Delek Group, owned by Yitzhak Tshuva, a self-made billionaire with assets around $4 billion. Tshuva was listed at No. 214 on the Forbes list of the world's wealthiest people in 2007, up from 382nd just a year earlier.
ElAd Group, run by CEO Amos Kol, focuses on IT, one of the leading companies in the Israeli IT market since 1982. Elad Hotels Ltd. took a controlling interest in the 6-hotel Sheraton Moriah Israel hotel chain.
Elad Properties is a real estate developer based in New York City, with extensive holdings in the United States, primarily New York City. The flagship property of Elad Properties, New York, is the Plaza Hotel on...
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