Residential Property

Multifamily projects bought by D.E.L. vary in construction type, age and geographic location.  Each property represents an opportunity to create value by meeting community needs through wise investment of capital, assessing housing needs of an identified target market, and building a business plan to deliver a higher quality home at a more competitive price point.  

Commercial Property

D.E.L. Development Corp. identifies opportunities to acquire and manage office buildings through its exposure to the various markets it operates in.  In situations where the firm's ability to analyze and reduce operating expenses enables it to create value in a stable office market, those opportunities have been pursued. Leasing is typically handled by commercial brokerage firms.

Mixed Use Properties

Mixed use opportunities come to the attention of D.E.L. through its exposure to multifamily housing markets.  Where properties have a relatively small amount of retail or office space with a larger apartment community, D.E.L. maximizes value by improving apartment operations and hiring appropriate specialists to lease the commercial space.