Business Details
29 Years
experience
Your Trusted Partner for Real Estate Development & Management
At Ocean Atlantic Companies, we are committed to delivering advanced real estate solutions that prioritize customer satisfaction, long-term growth, and employee well-being. Since our founding in 1997 by Preston Schell and Gene Lankford, we have built a diversified residential and commercial real estate platform designed to simplify the home buying and investment process. Our one-stop approach integrates development, permitting, design, construction, sales, and mortgage financing, ensuring seamless client experiences. By leveraging economies of scale across 1,000 acres of development and 2,000 home sites, we provide competitive pricing without compromising quality.Our strategic partnerships with local industry leaders enhance our ability to deliver value-driven projects that align with community needs. Internally, we foster employee satisfaction through cross-functional collaboration, education, and work-life balance. With a focus on geographic concentration and proven market dynamics, we continue to expand our expertise in master-planned communities, urban development, and investment management. Our dedication to transparency, accountability, and innovation positions us as a trusted partner for clients seeking comprehensive real estate solutions.
Services
Development Management
Asset Management
Investment Management
Residential Construction
Commercial Development
Details
- Year established: 1997
Highlights and features
- We offer end-to-end real estate solutions from development to financing.
- Our strategic partnerships ensure local market expertise and project quality.
- Economies of scale provide cost-effective pricing for clients.
- We prioritize employee expertise through cross-functional collaboration and education.
- Focus on sustainable, energy-efficient construction practices.
Services
Development Management
Ocean Atlantic provides end-to-end development management for mixed-use, retail, office, and multifamily projects. Our services span feasibility analysis, design management, construction oversight, and investor representation. We ensure projects align with community needs while maximizing financial returns through strategic planning and execution.
Asset Management
We optimize property value and cash flow through lease management, energy efficiency improvements, and tenant relations. Our team develops repositioning strategies, refinance plans, and marketing initiatives to enhance asset performance while maintaining investor alignment and long-term profitability.
Investment Management
Ocean Atlantic identifies high-return real estate opportunities through risk analysis, portfolio management, and financial engineering. We specialize in acquiring, developing, and operating Class A multifamily properties, offering tailored capital stacks and investor reporting to maximize cash flow and appreciation.
Residential Construction
We construct luxury custom homes and multifamily units with a focus on energy efficiency and sustainability. Our process includes design, permitting, and construction oversight to deliver high-quality, market-ready residential properties that meet modern buyer expectations.
Commercial Development
Our commercial development services cover retail, office, and mixed-use projects from concept to completion. We handle zoning approvals, design coordination, and cost control to create functional, profitable spaces that enhance urban environments and investor portfolios.
People
Preston Schell
Chairman and CEO
Co-founder with over 25 years of real estate experience, driving strategic growth and partnerships.
Tom Tipton
President and COO
Oversees daily operations and project execution, ensuring alignment with company growth objectives.
Greg Tobias
Principal
Manages key business relationships and strategic initiatives to support long-term development goals.
Jaime Zolper
Sr. Project Manager
Coordinates complex development projects, ensuring timely delivery and adherence to quality standards.
Ben Gordy
Sr. Project Manager
Leads project teams in executing residential and commercial developments with operational excellence.
Questions
What services does Ocean Atlantic Companies offer?
We provide development management, asset management, investment management, residential construction, and commercial development services.
Where does Ocean Atlantic operate?
We focus on Rehoboth Beach, Delaware, and select markets with favorable dynamics for our business model.
Do you offer financing options for homebuyers?
Yes, we integrate mortgage financing into our home purchase process for client convenience.
What sets Ocean Atlantic apart from competitors?
Our one-stop approach, strategic partnerships, and focus on sustainable, scalable development differentiate us.
Are your homes energy-efficient?
Yes, we specialize in energy-efficient and environmentally friendly home construction.