about company

Investment Stategy

The analogy of a car moving slower than the traffic it is in, is a good image of opportunities DEL Development is looking for. An understanding of the traffic pattern in general, or the "Macro Environment" is essential to understanding where value might be. Assessing why a car is going slower than its peers, and what ills are afflicting it, are critical in parsing the good, the bad and the ugly. The experience and common sense to develop and execute the corrective measures necessary, is what wins the day.

DEL Development Corporation pursues opportunities where its expertise in renovating, managing and repositioning Multi Family Properties allows it to create value. Its hands on approach and keen understanding of onsite operations brings to the surface opportunities or warning signals that might otherwise be overlooked. These skills, along with the firm's significant Asset Management Experience, allow it to not only identify underperforming assets, but to dissect their operations and develop a strategy to maximize the long term value.

The firm looks to create investment opportunities that distribute monthly cash flow and produce significant Capital appreciation as the stream of income produced by the asset is carefully grown over time. A conservative approach to underwriting projected revenues and expense, along with the company's one deal at a time strategy, has allowed DEL Development to consistently meet or exceed the goals set out in its investment prospectives.

Our track record of identifying opportunities and then successfully executing on a sound business plan is an achievement the firm is most proud of. It is equaled only by the continued trust of both our employees and investors. Many of whom have been part of our team since the company was founded in 1992.

our culture

It is with great pleasure that I invite you to join our team.  At D.E.L. Development Corporation, the concept of cooperative effort, or teamwork is not mearly a new and “in” way to describe our company, it’s what we were founded on, have met success with and the spirit with which we will face all future challenges.

Our team is made up of us; people.  People who care about our goals, our residents, and each other.  As individuals, none of us, no matter how skilled or how hard we work can meet the needs of our communities.  By supporting one another, by doing our personal best, by becoming a team, we can not just meet those expectations, but exceed them.

At D.E.L. that is our goal.  I’m asking you to not just be an employee; I’m asking that you commit yourself to the goals of our team.  To support our company and act in a manner that will make us proud.  In return, you should expect the team to help support and make you proud to be part of D.E.L.

By working together we can meet and exceed not just the expectations of our residents but our personal goals as well.  

  • Employment Opportunities

    Openings for qualified Leasing Agents, Assistant Managers, Property Managers and Maintenance Staff are available from time to time at our various locations. Please forward your resume, references and location to jobs@deldevelopment.com.

  • Equal Opportunity Employment

    We are an equal opportunity employer. It is our policy to grant equal employment opportunities to all qualified individuals without regard to their race, color, religion, age, sex, national origin, marital status, or physical or mental handicap unrelated to job ability in all of our employment related decisions.
    The Company further recognizes that the effective application of such a policy involves more than just a statement and, therefore, we train and advise those who are in a position to make decisions regarding hiring, salary administration, and other terms and conditions of employment, in the positive application of this policy. This policy is made known to all employees of the Company and to all recruitment sources.

  • Benefits

    The following benefits are available, subject to the eligibility requirements.

    1. Holidays
    2. Sick Leave
    3. Vacation
    4. Group Insuance
    5. 401K

  • Smoke-Free Workplace

    The Company and all properties are designated as smoke-free workplaces. Smoking is not permitted in any of our offices, buildings, company vehicles or in the presence of our residents.