On April 30th, DLP Capital hosted a webinar exploring the strategy, structure, and performance behind the DLP Lending Fund and DLP Preferred Credit Fund. Attendees learned how both funds are designed to operate within today’s evolving housing and credit markets, supported by real-time examples of both active and completed investments.
The discussion began with a brief market overview, highlighting a structural shift in housing affordability that has created some of the most challenging conditions in the modern era. At the same time, a widening housing supply gap has emerged, reinforcing both the urgency and opportunity within residential lending.
Don walked through how DLP-sponsored credit funds are positioned within this environment, including continued growth across both the DLP Lending Fund and DLP Preferred Credit Fund, and a comprehensive review of Q1 performance highlights.
A key focus of the session was current deal activity, with multiple active loan case studies showcasing projects at various stages, from early development through lease up, as well as two pending transactions within DLP’s pipeline. We also revisited two full-cycle investments, demonstrating successful execution from initial financing through repayment.
The team also covered DLP’s approach to underwriting and risk mitigation, including lending criteria, sponsor selection, and the factors that drive disciplined credit decisions. The team also shared how banks re-entering the market could cause an increase in demand for mezzanine and preferred equity behind bank capital and how DLP is actively working to reduce the cost of leverage and maintain a competitive advantage.
From leverage and liquidity considerations to the evolving role of private credit, the session offered a comprehensive look at how DLP’s lending platform is designed to adapt to current conditions while remaining focused on long-term opportunity. The full replay is available to watch now.