Delma was founded 30 years ago as a vertically-integrated real estate investment, re-development, and operating company. Included within Delma’s corporate structures are acquisitions, asset management, and property management. Delma is headquartered in New York City and has a property management office in South Florida.
Since inception, the company has acquired, operated, and managed income-producing properties throughout the United States and Canada. Delma has an outstanding track record, having acquired a diverse portfolio, both geographically and by product type, of over $500 million in assets, including office buildings, apartments, anchored shopping centers, offices, hotels, and securities in private real estate companies.
Delma has demonstrated a history of creating value for investors by acquiring under-valued properties and repositioning these assets. The company was founded as a vehicle to invest its owners’ capital and, through the success of its investments, subsequently attracted other investors. Using an owner-focused management style, Delma combines entrepreneurial freedom with hand-on experience enabling the company to successfully carry out this value creation program.