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On this episode of First State Insights, Preston Schell, co-founder and President of the Ocean Atlantic Companies, speaks with Sean O'Neill, Policy Scientist at the University of Delaware’s Institute for Public Administration (IPA), about the housing market in southern Delaware. During this February 10, 2021 interview, Preston recounts his start in the real estate industry while offering insights on the current and future demand for and challenges associated with residential development in Sussex County, Delaware.
Ocean Atlantic Companies is a diversified group of real estate development, management, construction, and brokerage firms, including Ocean Atlantic Management, Ocean Atlantic Sotheby’s, and Schell Brothers, which is one of the largest new home developers in Sussex County.
This episode is presented as part of the “Emerging Development Trends in Delaware” series, featuring interviews with planning and real estate professionals working across Delaware. These conversations consider how the pandemic has directly impacted real estate development and land use in the region, and how these trends may play out in the future.
Opening and closing music: "I Dunno" by Grapes, used under Creative Commons 3.0 License.
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Tune to First State Insights for information, perspectives, and analysis—"IPA"—on public policy, management, and community and economic development in Delaware. Visit IPA's SoundCloud page to see a full list of episodes, or search for "First State Insights" to listen wherever you get your podcasts.