OVERVIEW
Goray Development Company and its affiliates ("Goray") is a focused development, ownership and management company that has created a series of very successful, market responsive senior living and multi family communities.
Its core competence is to early-on identify underserved sub-markets, acquire strategically located land parcels, structure financing and, working with a team of professionals, design market receptive buildings; cost effectively complete construction and then market and operate so as to create superior value and investment returns.
SOME GORAY DEVELOPMENTS INCLUDE
- Significant senior housing communities beginning with Field Apartments in 1973 and currently 5 "best of class" assisted living-memory care facilities in Vermont, New Hampshire and Florida (www.terracecommunities.com).
- Several thousand residential units including, for example, the 354 unit Island Shores Rental apartment community in suburban West Palm Beach, Florida.
- "Green", workforce housing communities such as the nationally recognized 420 unit Green Cay Village in Boynton Beach, Florida.
DEVELOPMENT HIGHLIGHTS INCLUDE
- Industry association rewards for excellence in construction and design.
- Institutional type equity partner affiliations with industry leading financial results.
- Several Goray developed and operated properties have been sold to NYSE companies upon considerable value creation.