Boca Raton, Fla. (August 21, 2018) — El-Ad National Properties, LLC (El-Ad) initiated a partnership with Habitat for Humanity of South Palm Beach County (HFHSPBC) to serve as a trailblazing model for commercial developers that yields a tri-fold of benefits: charitable giving, community enrichment and environmental sustainability.
Recognizing HFHSPBC as the complete one-stop “go to” resource when seeking to turn reusable assets into charitable dollars that are then infused back into the community,
El-Ad has chosen to donate all repurpose-worthy items from its Mizner on the Green rental units in countdown to its planned demolition. The large-scale, multi-unit harvesting will include removal of cabinets, refrigerators, dishwashers, washers, dryers, lighting fixtures, air conditioner handlers, garage doors and operating systems, etc. The new and gently used items will be re-sold in the nonprofit’s ReStores while others will be recycled to reduce demolition impact on landfills in Palm Beach County.
“As we transform our Downtown Boca Raton rental property into new luxury condominium residences, we are pleased to also help transform lives of deserving families in the community who seek affordable homeownership through Habitat’s Fund for Humanity,” said El-Ad
National Properties Executive Director of Development Noam Ziv. “Because we share
Habitat’s dedication to sustainability, we know that this alliance will be environmentally
friendly as well. Our entire team is excited about being part of this win, win initiative.”
According to HFHSPBC President & CEO Randy Nobles, the strategic private-public partnership will have an indelible impact on new Habitat Partner Family homeowners and neighborhoods in desperate need of revitalization.
“Primarily this initiative will fund the construction of safe, decent and affordable homes for hard-working families in our community who are unable to qualify for traditional bank mortgages,” Nobles reports. “Through generosity of community advocates as El-Ad, we at Habitat are able to give a ‘hand-up, not a hand-out’ to help break poverty cycles that change the trajectory of entire families for generations. Because Habitat homeowners are the first in their family line to both achieve homeownership, they are in a position to contribute back to their community.”
Boca Raton-based El-Ad National Properties is an Elad Group company. Elad Group is one of the leading real estate companies responsible for the acquisition, development and conversion of architecturally significant residential and commercial properties throughout North America. Boca Raton-based El-Ad drives real estate development, management, sales and administrative operations for properties owned directly or through partnership in Florida totaling 4,372 residential units. With Mizner on the Green and its 246 townhomes, El-Ad has five rental communities in Boca Raton, including Camino Real (formerly The Jefferson), Tuscany Pointe, Somerset Place and Savannah Place. For more information on El-Ad National Properties regional residential portfolio and Elad Group’s national portfolio, visit Eladgroup.com or call (561) 846-7800.
El-Ad National Properties Forges Charitable, Environment-Minded Partnership With HFHSPBC/2/2/2/2
HFHSPBC, a nonprofit 501(c)(3) organization, brings people together to build homes, community and hope. It depends upon volunteer labor and tax-deductible donations of money, materials, services and property to fulfill its mission. For more information on HFHSPBC and its commercial harvesting services, contact HFHSPBC Vice President and Chief Development Officer Kari Oeltjen at email@example.com or (561) 819-6070 or visit http://www.habitatsouthpalmbeach.org/.