St. Augustine, FL – DLP Capital, a private real estate investment and financial services firm, announced that Garret Askew has joined the company as Managing Director of Construction where he will oversee all aspects of construction for a pipeline nearing $1 billion in single-family and multifamily rental communities, among other developments.
Askew brings to DLP Capital more than 25 years of leadership in development and construction, having served in senior positions at some of the nation’s preeminent multifamily investment and development firms. He joins DLP Capital from Middleburg Communities, a leader in attainable rental housing, where he was a partner of the firm and President of Construction. Before that, Askew served as Senior Vice President, East Region for Wood Partners, which ranks in the top 5 of largest multifamily developers in the US. Previously, he was Senior Vice President at Mid-America Apartment Communities (MAA) during the period when it acquired Colonial Properties Trust to become one of the largest publicly traded REITs. Mr. Askew brings the wealth of this collective experience and more to DLP Capital, joining at a pivotal time as the company expands its acquisition and development of rental communities aimed at helping to solve the affordable workforce housing crisis in America.
“The extent of Garret Askew’s development experience is hard to match, and we’re incredibly pleased that DLP Capital—and our communities—will now benefit from that knowledge and expertise,” said Don Wenner, founder and CEO of DLP Capital. “As DLP Capital enters a new stage of 10x-ing our business and addressing the workforce housing crisis, we expect Garret to be front and center in helping us achieve our development goals.”
“I thrive off of helping to grow entire enterprises, as well projects, and with DLP Capital poised for exponential growth, this is an exciting time to be joining the firm,” added Garret Askew, Managing Director of Construction at DLP Capital.
During Garret Askew’s most recent tenure, at Middleburgh Communities for four years, he led the creation of the firm’s in-house construction company from inception to full operations, spearheading construction volume of $150 million in the first year alone, and he oversaw projects throughout the Southeast—from feasibility through to completion.
Previously at Wood Partners for 18 months, he oversaw developments in the Carolinas and Virginia, and before that served for more than a decade at MMA and its predecessor, Colonial Properties Trust. While there, he was responsible for the management of all multifamily construction as well as capital expenditures for more than 31,000 units. Of additional note is Mr. Askew’s previous role as Senior Project Executive, on behalf of Clark Realty Builders, for the military privatization of housing at Fort Benning, South Carolina, one of the largest military installations in the US. His development and construction expertise also extends to student housing and hospitality.
Garret Askew began his real estate career with Trammel Crow. He holds a B.S. in Business Administration from Kennesaw State University in Georgia, and he holds General Contractor licenses in seven states.
More about DLP Capital
DLP Capital is a private real estate investment and financial services company focused on making an impact on four major crises in America: Affordable Housing, Jobs, Legacy and Happiness. The company achieves this through acquiring, developing, and building relationships, housing, leaders, and organizations. With more than $4 billion of assets under management, DLP Capital has been on the Inc. 5000 list of “Fastest Growing Private Companies in America” for 10 consecutive years. DLP Capital is headquartered in St. Augustine, Florida, with offices in Allentown, PA and Asheville, NC. The firm has an expansive array of business divisions and companies including real estate investment funds, commercial real estate lending, construction management, development, sales, leasing, title services, and loan servicing. Through its proprietary Elite Execution System, as well as its exclusive membership platforms focused on business scaling, investment housing, family, and wealth, DLP Capital impacts lives by empowering its clients to choose, create, grow and preserve prosperity. For more information, follow us on @DLPCapital or visit DLPCapital.com.