DLP Capital

DLP Capital Teams Up with Colony Hills Capital to Acquire Houston Apartment Complex

Retrieved on: 
Wednesday, February 2, 2022
REIT, Finance, Professional Services, Residential Building & Real Estate, Construction & Property, CEO, City, Organization, DLP, Capital, Housing, Workforce, Partnership, Acquisition, Ownership, Investment, City Park, Family, Solution, IMPACT, Commercial property, Financial services, Bank, DLP Capital, Colony Hills Capital, DLP CAPITAL, COLONY HILLS CAPITAL

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.

Key Points: 
  • 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 is planning to deploy $2.6 billion of capital into the housing market through debt and equity investments, and a key focus for us is Texas, said DLP Capital Founder and CEO, Don Wenner.
  • Being able to work with a partner such as Colony Hills Capital, who are aligned with our mission, is icing on the cake.
  • Any opportunity we get to partner with an organization as driven as DLP is a win for Colony Hills Capital and the residents we serve, said Glenn Hanson, Founder and CEO of Colony Hills Capital.

RREAF Holdings, DLP Capital and 3650 REIT Partner in $534 Million Portfolio Acquisition

Retrieved on: 
Tuesday, September 21, 2021
REIT, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Urban Planning, Freddie Mac, COVID, Housing, Berkshire Hathaway, AN, Investment, Industry, REIT, ESG, Loan servicing, Commercial property, Cushman, Heart, Twitter, Integrity, Mission, Maintenance, NYSE, CRE, CWK, PARTIES, Solution, Cushman & Wakefield, Marketing, Accounting, THE, Acquisition, Risk, FOR, Entrepreneurship, Organization, DLP, Family, Professional, Research, AND, Timeline of the far future, Financial services, Real estate, Bank, RREAF Holdings LLC, DLP Capital, 3650 REIT, Berkadia, Cushman & Wakefield, RREAF HOLDINGS LLC, DLP CAPITAL, 3650 REIT, BERKADIA, CUSHMAN & WAKEFIELD

The entirety of the portfolio totals 21 multifamily communities and 4,000-plus units, and was valued at $534 million.

Key Points: 
  • The entirety of the portfolio totals 21 multifamily communities and 4,000-plus units, and was valued at $534 million.
  • Impacting the crisis of affordable workforce housing is at the heart of DLP Capitals mission, said Don Wenner, chief executive officer and founder of DLP Capital.
  • With the closing of this portfolio, we will have closed 34 loans with RREAF in a 14-month period with loan balances totaling over $647 million.
  • RREAF Residential, a wholly owned subsidiary of RREAF Holdings LLC, and DLP Capital will serve as property managers for all 21 communities.