The Delray Housing Group (DHG), the property management division of the Delray Beach Housing Authority (DBHA), has completed its rehabilitation of the Lake Delray Apartments, a senior housing complex at 700 Lindell Boulevard in Delray Beach.
The 404-unit apartment complex was purchased in 2016 by Lake Delray Apartments, LLLP a partnership including the Delray Housing Group. The DHG partnered with Smith & Henzy Advisory Group, Inc. by serving as general partner of this $36.2 million project and also secured a property management agreement for the property.
According to Dorothy Ellington, President of the DBHA, “The units have been fully rehabbed including the replacement of kitchens, bathrooms, flooring, windows and HVAC systems. There were also upgrades in the common areas including the elevators, community building and site lighting. In order to cause the least amount of interruption to our tenants, some tenants were moved out of their units while the work was being done.”
The Delray Housing Group is a local non-profit agency that works in collaboration with residents, property owners, businesses, and other community organizations to create and preserve affordable housing within the city and Palm Beach County.