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