Delray Securities today announced its intentions to pursue a new Real Estate Development venture in Myrtle Beach, South Carolina.
FOR IMMEDIATE RELEASE
Boca Raton, Florida (June 25th) Designed to benefit from the cyclical appreciation potential of real estate, Delray Securities Real Estate Opportunity Fund’s scope embraces the breadth of real estate opportunity in United States. Launched in 2011, Delray Securities Real Estate Opportunity Fund has quickly become an industry pioneer incorporating some of the nation’s most well-known homebuilders, developers, operators, and asset plays. With income as a secondary focus, the Fund aims for long-term capital appreciation, looking for opportunistic and undervalued investments, and early cycle recovery and growth situations.
Delray Villas & Marina is a proposed 375 unit development in Myrtle Beach, South Carolina. Delray Villas & Marina will consist of 151 single family luxury homes with a 52 slip marina.
According to the press release, Delray Securities plans to break ground on this new development in late August of 2012.
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2255 Glades Road
Boca Raton, Florida 33431