Business Details
29 Years
experience
Trusted Real Estate Development Services in Rehoboth Beach
We are a diversified residential and commercial real estate group headquartered in Rehoboth Beach, Delaware, dedicated to providing advanced real estate solutions for investors. Founded in 1997 by Preston Schell and Gene Lankford, our company integrates development, permitting, design, construction, sales, and mortgage financing to simplify the home buying process for our clients. By maintaining responsibility for the entire customer experience, we ensure prompt and professional handling of all client inquiries and concerns, prioritizing customer satisfaction at every stage of engagement. Over 1,000 acres under development and 2,000 home sites in the construction pipeline allow us to achieve economies of scale, securing competitive pricing and quality for our customers. Our long-term growth strategy focuses on geographic markets with similar dynamics, enabling the implementation of our proven business model.Strategic partnerships with reputable local players enhance our business success and provide opportunities for continued expansion. Employee satisfaction is a core objective, supported by cross-company collaboration, continued education, and a balanced lifestyle. Our asset management services optimize financial outcomes through lease management, energy efficiency improvements, and property repositioning strategies. With expertise spanning development management, investment management, and property management, we deliver comprehensive solutions tailored to investor goals. Our approach emphasizes transparency, accountability, and a commitment to quality, ensuring our clients receive the highest level of service throughout their real estate journey.
Services
Development Management
Asset Management
Investment Management
Residential Construction
Master Planned Communities
Commercial Sales
Retail Development
Urban Development
International Development
Renewable Energy Systems
Details
- Year established: 1997
Highlights and features
- We provide one-stop shopping from development to mortgage financing.
- Our strategic partnerships ensure localized market expertise and growth opportunities.
- We implement proven business models in geographically targeted markets.
- Cross-company collaboration enhances problem-solving and customer support.
- Economies of scale reduce costs while maintaining product quality.
Services
Development Management
We guide real estate projects from feasibility studies to completion, managing mixed-use communities, retail, office, and multifamily developments. Our expertise in design, construction, and investor representation ensures value creation for stakeholders. By coordinating rezoning approvals and cost control, we deliver high-performing developments aligned with investor goals.
Asset Management
Our asset management services enhance property value through lease optimization, energy efficiency improvements, and strategic repositioning. We develop repositioning strategies, analyze cash flow, and implement marketing plans tailored to property-specific needs. Regular benchmarking and financial reporting ensure alignment with long-term investor objectives.
Investment Management
We identify high-return real estate investments through risk analysis and market research. Our team structures capital stacks, underwrites properties, and manages acquisitions in target markets. With expertise in development and repositioning, we maximize cash flow and appreciation for long-term holds.
Residential Construction
We construct luxury custom homes and multifamily units with energy-efficient, environmentally friendly designs. Our integrated approach ensures high-quality finishes and cost efficiency through bulk material purchasing. From land acquisition to final inspections, we maintain strict quality control standards.
Renewable Energy Systems
We integrate renewable energy solutions, including solar power systems, into residential and commercial properties. Our environmental consulting division designs customized energy strategies to reduce operational costs and improve sustainability. These systems enhance property value while meeting modern efficiency standards.
People
Preston Schell
Co-Founder / President
Preston Schell, Co-Founder and President, leads Ocean Atlantic's strategic partnerships, leveraging local relationships to drive growth and business success through collaborative alliances.
Gene Lankford
Co-Founder
Gene Lankford, Co-Founder, has contributed to Ocean Atlantic's diversified real estate expertise since its 1997 inception, focusing on development and operational excellence.
Questions
What real estate services does Ocean Atlantic offer?
We provide development management, asset management, investment management, residential construction, and renewable energy integration for commercial and residential properties.
Where is Ocean Atlantic Companies headquartered?
Our headquarters is in Rehoboth Beach, Delaware, with operations focused on geographically targeted markets matching our proven business model.
How does Ocean Atlantic ensure customer satisfaction?
We maintain responsibility for the entire client experience, offering one-stop shopping from development to mortgage financing and resolving concerns promptly.
What distinguishes Ocean Atlantic's business approach?
We combine vertical integration with strategic partnerships, achieving economies of scale while maintaining localized market expertise and relationships.
How does Ocean Atlantic support employee satisfaction?
We encourage continued education, cross-company collaboration, and work-life balance to ensure long-term employee satisfaction and career development opportunities.
Reviews (2)
Gary Washington
Oct 05, 2020
Report
I knew this was going to be a good place because I saw the crowd outside waiting to go in and it was well worth the wait!
Kenneth McDonald
Jun 24, 2020
Report
Great food, large portions - especially the desserts, and a nice atmosphere. I always enjoy eating here.
