Past & Present Portfolio
Delavaco properties is a real estate investment firm specializing in the acquisition of distressed properties throughout the United States of America.
April 4, 2012 — Delavaco Properties Inc. announced that it has completed a private placement of common shares for aggregate proceeds of $12.25 million. The offering was co-led by Delavaco Securities Inc. and PowerOne Capital Markets Limited and was financed by Delavaco Capital, Inc. and a group of institutional investors. The proceeds from the private placement will be used by Delavaco Properties to acquire additional residential properties in South Florida and for general working capital purposes.
A 316-Unit luxury mulithousing investment offering. Park Colony enjoys a strategic location along Park Road and only one-half mile south of Hollywood Boulevard, a major east/west thoroughfare in southern Broward County with an estimated traffic count of 52,000 vehicles per day. The property offers excellent access to I-95, Florida’s Turnpike, I-595 and Fort Lauderdale International Airport. Park Colony is located within 20 minutes of both Broward and Miami-Dade counties’ most popular destinations. Nearby attractions include the following: Hollywood Beach Broadwalk, Village at Gulfstream Park, shopping and casino.