Articles from DLP Capital

Ernst & Young LLP (EY US) today announced that the Founder & CEO of DLP Capital was named an Entrepreneur Of The Year 2025 Florida Award winner. Entrepreneur Of The Year is the preeminent competitive awards program for entrepreneurs and leaders of high-growth companies. For 40 years, EY US has celebrated ambitious entrepreneurs who are transforming industries, impacting communities, and creating long-term value.

DLP Capital (“DLP”), a private real estate investment firm with over $5.25 billion in assets under management, announced the 10-year anniversary of the $1.0 billion DLP Lending Fund LLC (‘Fund”). DLP finances, develops, constructs, and operates attainable multifamily and single-family housing. The Fund has provided investors with a compounded DRIP IRR return since inception of 13.10%1 and an annual net return greater than 10%1 in each full calendar year over the life of the Fund.

DLP Capital, a premier private real estate investment firm, proudly announces its historic achievement of being named to the Inc. 5000 list of "Fastest-Growing Private Companies in America" for the 12th consecutive year. This remarkable milestone places DLP Capital among an elite group of companies that have demonstrated exceptional and sustained growth, innovation, and impact. Out of over 6.1 million companies in the U.S., DLP Capital's inclusion for 12 consecutive years is a testament to its enduring success and leadership in the real estate industry.

DLP Capital, a private real estate investment and financial services firm, today announced Nick Stonestreet as its new President of Financial Services. With over 30 years of experience in the financial services industry, Stonestreet brings a wealth of knowledge and enhanced service delivery.

DLP Capital, a private real estate investment and financial services firm, today announced that it has broken ground on a luxury RV resort in North Florida, which will include a top-notch golf course—one of the few RV resorts in the Southeast to include links—along with a splash park and tiny home rental cottages.

Gateway Jax, a commercial real estate company sponsored by Jacksonville-area firms JWB Real Estate Capital and DLP Capital, today announced that it has acquired 22 acres of Jacksonville’s downtown core—amassing buildings and development sites that span 20+ city blocks, with plans for $500 million of mixed-use build-out in a first phase. Gateway Jax expects to break ground on its first developments in mid-2024, with the total build-out of current sites estimated at $2+ billion over the next decade. Gateway Jax’s redevelopment will mark one of the largest-ever urban-core revitalizations in the US, in terms of its geographic span, and will complement already-existing initiatives by the city to spur on new decades of economic vitality. Jacksonville, one of Florida’s top cities, is a growing economic driver in the state as businesses and new state residents seek alternatives to increasingly unaffordable regions of the country. The city boasts among the lowest costs of living in Florida and an enviable lifestyle; is home to Fortune 500 companies and leading universities, including a recently announced University of Florida graduate campus; and the city serves as an international multimodal hub with the Port of Jacksonville. Gateway Jax seeks to significantly impact the city with its developments providing enormous economic, social, and resident benefits.

DLP Capital, a private real estate investment and financial services firm, today announced that for the 11th consecutive year, it has been named to the Inc. 5000 list of “Fastest Growing Private Companies in America.” The 2023 results place DLP Capital among a very limited number of firms to achieve 11 consecutive years on the list—a remarkable accomplishment for DLP Capital to achieve such consistent year-over-year growth. DLP Capital’s revenues over the most recent three-year comparison period grew 238%. The firm is one of only two real estate firms in the nation to be in this year’s ranking with 11 or more consecutive years on the Inc. 5000 list.

DLP Capital, a private real estate investment and financial services firm, announced that it has completed the redevelopment of a historic Space Coast multifamily complex, originally built in the mid-60s for Titusville’s boom town of aerospace professionals working on the Apollo space program. The two-tower,182-unit multifamily community sits directly across the Indian River bay from the Kennedy Space Center and used to ferry aerospace staff across to the center. Following DLP Capital’s purchase of the complex five years ago, and a $22-million redevelopment, the complex is now preparing to reopen as “Dream Space Coast” and has been officially listed on the National Register of Historic Places. DLP Capital conducted significant structural and cosmetic upgrades to the property while maintaining the historic exterior. Amenities that will continue the property’s rich history going forward now include riverfront bench seating for out-of-this-world viewing of launches from SpaceX, NASA, Blue Origin, Lockheed Martin, and more.

DLP Capital, a private real estate investment and financial services firm, announced that the Financial Times—one of the world’s leading global business publications—has ranked DLP Capital among The Americas’ Fastest-Growing Companies 2023. DLP Capital placed #223 on this annual ranking of the 500 fastest-growing companies across 20 countries. The firm’s rank places it among only six U.S. real estate companies to make the top 250, the other five in sectors such as real estate insurance, warehouse rentals, and designer rental apartments. DLP Capital stands out uniquely in the real estate field with its successful focus on investing in, financing, and developing primarily workforce multifamily housing that helps to address America’s housing affordability crisis.

DLP Capital, a private real estate investment and financial services firm, announced that Real Leaders® has chosen the company as No. 32 out of 300 “Top Impact Companies in 2023” from around the globe. The award winners are a diverse group of purpose-driven companies that prove businesses can thrive and help build a better world while achieving impressive business growth. DLP Capital ranked close behind companies such as REI and Patagonia, with CVS Health and Tesla taking the top two spots. DLP Capital was also ranked No. 1 in the Real Estate category. The company makes an impact by building thriving communities and transforming lives, including supplying affordable workforce housing to tens of thousands of people across the nation at a time when an affordability housing crisis continues to grip the US. DLP Capital has more than $4 billion of assets under management, and a mission of the firm is to provide housing to 1 million people.

DLP Capital, a private real estate investment and financial services firm, today announced that it has purchased a Houston-area multifamily property, Elan Memorial Park, in partnership with Texas-based ORP Investments Inc. The mixed-use property, with 297 residential units and premium retail spaces, is located in the Neartown-River Oaks submarket of Houston, a highly desirable live-work-play environment just four miles from downtown Houston and near to Texas Medical Center. The Houston metropolitan area, the fifth largest in the U.S., experienced its best employment growth on record in 2021, adding nearly 160,000 jobs, according to the U.S. Bureau of Labor Statistics. Elan Memorial Park will be a vibrant addition to DLP /Capital’s investment portfolio in the region, providing further economies of scale to the firm’s asset management of more than 2,500 units spread across eight properties in the broader Houston area.

DLP Capital, a private real estate investment and financial services firm, today announced its selection as one of the Inc. 5000 “Fastest Growing Private Companies in America” for 2022. This achievement marks the 10th consecutive year that DLP Capital is on the list, placing the firm among the most elite of private companies to have exceptional and consistent revenue growth. DLP Capital’s revenues over three years grew 256%, placing it in the top 10 among all companies and #2 for all real estate firms that have made the list 10 years in a row.

DLP Capital, a private real estate investment and finance firm, is excited to announce the purchase of Harbor House on Saratoga, a 252-unit Corpus Christi apartment complex, located at 6225 Saratoga Blvd.

DLP Capital, a private real estate investment and finance firm and one of the fastest-growing companies in America, announces the grand opening of Grand Plaza in Allentown, PA. The public and members of the media are welcome to attend a ribbon-cutting event on Wednesday, June 22nd from 4 p.m. to 6 p.m. EDT.

DLP Capital, a private real estate investment and finance firm and one of the fastest growing companies in America, announces the DLP Housing Fund has generated a net return to investors of a record 45.57% for 2021.

DLP Capital, a private real estate investment and finance firm, has been named One of America’s Fastest Growing Companies of 2022 by the Financial Times. This distinguished recognition is awarded by the Financial Times in partnership with Statista Inc., the world-leading statistics portal and industry ranking provider.

DLP Capital, a private real estate investment and finance firm, announces the purchase of 7 Square Apartments in partnership with Avid Realty Partners.

DLP Capital, a private real estate investment and finance firm, announces the purchase of Grand at Rum Creek, a 263-unit rental home community located in Tuscaloosa, AL. Tuscaloosa is home to the University of Alabama and more than 38,000 students.

DLP Capital, a private real estate investment and finance firm, announces it has partnered with Colony Hills Capital to purchase Paramount at Kingwood, a 372-unit apartment complex, located at 200 Kellington Dr N, Kingwood, TX 77339.

DLP Capital, a private real estate investment and finance firm, has named Gunnar Tande as Chief Operating Officer. Mr. Tande joins the company’s senior executive team and will actively manage the high execution, enablement, and development operations and functions of the organization.

DLP Capital, a private real estate investment and finance firm, announces the purchase of The Proper, a 235-unit Houston apartment complex, located at 4971 Martin Luther King Jr Blvd, Houston, TX 77021. The property will be renamed DLP Proper, signifying DLP Capital’s continued commitment of bringing workforce housing to the city of Houston.

DLP Capital, a private real estate investment and finance firm, announces it has partnered with Colony Hills Capital to purchase City Park in the Heights, a 308-unit Houston apartment complex, located at 1640 E T C Jester Blvd, Houston, TX 77008.

DLP Capital, a private real estate investment and finance firm, announces it has purchased two tracts of land in Fort Worth, Texas with plans to build two rental home communities.

DLP Capital, a private real estate investment and finance firm, announces the closing of $74 million in multifamily loans for two Houston-area apartment complexes with 1,062 total units. Palms at Westheimer (798 units) is owned by Dr. Furkan Kalkan, President of Kalkan Capital; Huntington at Stonefield (264 units) is owned by a partnership between Kalkan Capital and Market Space Capital.

DLP Capital, a private real estate investment and finance firm, announces the acquisition of the Grand Plaza Building in Allentown, PA, for $15.3 million via auction bid.

DLP Capital, a private real estate investment and finance firm, announces the closing of two multifamily loans for Houston apartment complexes: Thicket Apartments ($18 million) and Shadow Walk Apartments ($9 million).

DLP Capital, a private real estate investment and finance firm, announces the launch of two new private equity funds: The DLP Building Communities Fund and the DLP Preferred Credit Fund.

DLP Capital, a private real estate investment and finance firm, announces it has closed two multifamily loans, totaling $34 Million on two apartment communities located in Houston, Texas.

DLP Capital, a private financial services and real estate investment firm, announces the acquisition of Stadium Place, a 200-unit multifamily property, located in Jonesboro, Arkansas. The addition of the community, which will be renamed to DLP Jonesboro, increases the number of DLP Capital-owned multifamily apartment homes to 568 units in the greater Memphis area, positively impacting the workforce housing affordability crisis throughout the Sunbelt and across the country.