ST. AUGUSTINE, FL — November 26, 2024 — 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.