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Boca Raton News

ARTICLE

Date ArticleType
8/21/2018 General
El-Ad National Properties, LLC Moves

El-Ad National Properties, LLC Moves Headquarters to Palm Beach County
 Now Located in Downtown Boca Raton?, Company Plans to Expand, Grow Jobs

 BOCA RATON, Fla. (August 20, 2018) -- With plans to grow its employee base and provide "hands-on” management of the company’s $500 million transformation of its Mizner on the Green into a luxury condominium community, El-Ad National Properties, LLC (El-Ad) has relocated its headquarters to Downtown Boca Raton.   From the Bank of America building at 150 East Palmetto Park Road, Suite 400, El-Ad will drive its real estate development, management, sales and administrative operations for properties owned directly or through partnership in Florida totaling 4,372 residential units. 

 El-Ad currently has five rental communities in Boca Raton, including Camino Real (formerly The Jefferson), Tuscany Pointe, Somerset Place, Savannah Place and Mizner on the Green. Its Broward County portfolio includes San Michele, Colonnade Residences, development ready properties on the beach in Fort Lauderdale and Double Tree GalleryOne Condo Hotel on the Intracoastal in Fort Lauderdale. Other El-Ad properties in Florida are located in Duval, Hillsborough and Pinellas counties.

 "We have long had a real estate presence in Boca Raton and are now pleased to officially call Boca Raton and Palm Beach County home," noted  El-Ad National Properties Executive Director of Development Noam Ziv. “With the substantial investment we have been making in the City since 2005, it made perfect sense for us to relocate our headquarters down the street from our newest luxury residential project and bring our team here." 

Now that the company has "settled in",  El-Ad National Properties is actively partnering with area businesses and nonprofit organizations to collaboratively champion Boca Raton’s distinguishing brand, its “live, work, play, learn” legacy and the features, benefits and advantages of its Downtown destination.  Initial engagements include an “Art in Public Places” and museum programming collaboration-in-progress with the Boca Raton Museum of Art; active memberships in the Boca Downtown Business Alliance and Boca Raton Chamber and support of community-enriching nonprofit organizations as the Golden Bell Education Foundation, Habitat for Humanity of South Palm Beach County and the FAU Charles E. Schmidt College of Medicine.

El-Ad National Properties is an Elad Group company. With several billion dollars in assets, the Elad Group is one of the nation’s leading real estate companies. Since inception, the firm has focused on the acquisition, development and conversion of architecturally significant residential and commercial properties in key markets throughout the United States.

Elad Group’s New York portfolio of iconic buildings includes One West End, the first and tallest condominium project to come to market in Christian de Portzamparc’s masterfully-designed Riverside Center, which was developed in partnership with Silverstein Properties Inc., 22 Central Park South, an exquisite collection of full-floor luxury condominium residences overlooking Manhattan's famed Central Park, 250 West Street, a 1906 warehouse turned luxury condominium in the heart of TriBeCa, and 108 Leonard, a 19th century McKim, Meade & White Italian Renaissance Revival landmark conversion in TriBeCa’s historic landmark district. On the West Coast, the company has also designed and developed The Carlyle Residences, a 24-story luxury condominium that sits along the Golden Mile of L.A.'s coveted Wilshire Corridor.

Known and recognized worldwide for the history-making, restoration and conversion of the famed Plaza Hotel, Elad Group is continuously making strides in real estate and receiving public acclaim for many of its properties, including receipt of many prestigious awards and recognition in the industry.  For more information on El-Ad National Properties and its regional residential portfolio, visit Eladgroup.com or call  (561) 846-7800.