Published on: Tuesday, 26 November 2024 ● 3 Min Read
ST. AUGUSTINE, Fla.--(BUSINESS WIRE)--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 is focused on transforming lives through the building of thriving communities,” said Don Wenner, Founder & CEO. “DLP sponsored funds invest in housing that is and will remain affordable for working families across America. The worsening affordable housing crisis coupled with the ongoing supply and demand imbalance in multifamily is creating unprecedented opportunities for investors to make an impact with their investments. DLP is well-positioned to capitalize on these investment opportunities, while seeking to generate strong returns for investors while creating housing solutions Americans need. The DLP Lending Fund is focused on senior secured mortgages for the development, construction, improvement, and preservation of housing that is affordable.”
The DLP Lending Fund, launched in October 2014, is an open-ended, private real estate REIT2 fund that invests primarily through senior secured loans in the development, improvement, and preservation of attainable housing.
1 As of Sep 30, 2024; Past performance is not a guarantee of future performance. Dividend Reinvestment Plan (DRIP); Internal Rate of Return(IRR)
2 REIT effective January 1, 2019
To learn more about the DLP Lending fund, please visit dlpcapital.com.
About DLP Capital (dlpcapital.com)
DLP Capital is a private real estate investment firm that invests in, develops, and finances attainable rental housing for America’s working families, including multifamily, single-family, manufactured housing, and outdoor hospitality.
With more than $5.25 billion of assets under management, as of September 30, 2024, DLP offers accredited investors a series of evergreen private real estate funds, each of which has provided consistent investment returns and distributions since inception.
DLP Capital has been on the Inc. 5000, a list of the fastest-growing private companies in America, for 13 consecutive years as of August 2024. Through its exclusive membership platforms focused on wealth legacy and business scaling—including its proprietary Elite Execution System—DLP Capital empowers its clients and impacts lives around building thriving communities.
DLP Capital is headquartered in St. Augustine, FL, with offices in the Lehigh Valley, PA and Asheville, NC. For more information visit www.dlpcapital.com.
Important Information: Past performance is not a guarantee of future performance. Percentages are subject to rounding. This does not constitute an offer to sell, or a solicitation of an offer to buy any interests in The DLP Lending Fund. Any offering of securities or solicitation in connection with the sale of securities will be made pursuant to offering documents. Investing in private real estate funds and notes secured by real estate has certain inherent risks, which could result in the loss of some or all of your principal investment. Past performance stated herein is not an indicator of future results and DLP Capital can in no way guarantee or warrant your success. Consult your tax advisor or financial advisor before investing. Please see the Fund’s offering documents for full details and disclosures.
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