DLP Real Estate Capital - Company of the Year
Company: DLP Real Estate Capital, St. Augustine, FL
Company Description: DLP Real Estate Capital leads and inspires the building of wealth and prosperity through the execution of innovative real estate solutions. As a leader in real estate brokerage, investment management, asset management, property management, construction, and private lending, DLP generates consistent returns and results for its investors and partners and gives back through its foundation.
Nomination Category: Company / Organization Categories
Nomination Sub Category: Company of the Year - Real Estate - Large
Nomination Title: DLP Real Estate Capital
DLP Real Estate Capital, founded by entrepreneur Don Wenner, is a leader in the single and multi-family real estate sectors of brokerage, investment management, asset management, property management, construction, and private lending. The company’s purpose is to lead and inspire the building of wealth and prosperity through the execution of innovative real estate solutions as well as to generate consistent returns and results for its investors and partners.
The company was first established in 2006, when Wenner started DLP Realty. Its humble beginnings included Wenner the real estate agent along with one office assistant in a small converted office in Allentown, PA. Today, DLP Real Estate Capital (the parent company) has over $1 Billion in assets under management, $100 Million + in revenue, over 600 loans under management, over 11,000 units owned in its portfolio, and almost 400 dedicated team members all rowing in the same direction each and every day with a focused strategy.
We have reached $1 billion in assets under management. We broke the billion dollar mark with our largest acquisition to date - Preserve at Port Royal apartments, a 400-unit multifamily coastal community in Port Royal, SC, purchased for $54.1M. We added Wexford Village, a 340-unit multifamily apartment community in Scott Depot, W. Virginia, purchased for $43M.
DLP Capital Partners, the investment arm of the company, launched the DLP Housing Fund, a $1 billion evergreen REIT flagship fund, investing specifically in DLP-owned apartments with the benefit of exiting the fund at the investor’s choice, and with a targeted annual return of 12% net return. Capital Partners also welcomed their 1,000th investor to the DLP family.
DLP’s competitive edge is the combination of nearly 400 hardworking team members, operating with the same mission and direction, sharing the same set of values, and a very disciplined operating system (DLP Elite Execution System). We accomplish more in 90 days than our competitors do all year because of our dedication to a 20-mile march; putting forth the same effort day in day out, year after year. It’s why we are (according to the Inc. 5000), the 4th fastest-growing company in America out of those who made the list 8 years in a row or more.”
We officially launched The DLP Positive Returns Foundation, a non-profit organization whose purpose is to effectively make a difference in two serious worldwide epidemics: the lack of affordable housing and sustainable employment through quality jobs.
Our highlighted achievements are significant because they adhere to our strategy of growth and desire to scale, both as a company and as individual key players. Our growth has also allowed us to become a major player when it comes to the importance of ‘impact investing.’
This past year was marked with significant uncertainty with the COVID pandemic costing thousands of lives, turning employment on its head, and shifting the housing market. Through impactfully investing in acquiring ‘workforce’ housing, we are able to provide affordable homes for individuals and families throughout the country. We specifically look to make our mark in secondary and tertiary cities in order to provide that affordability; offering safe and secure homes in great neighborhoods and close to employment. Additionally, we are able to provide our family of investors with double digit returns, which in turn expands their nest eggs for their own families. Finally, through our Positive Returns Foundation, we are able to help countless families across the country by providing financial opportunities in both housing and employment - two epidemics that we are focused on making a positive impact.
https://dlpcapitalpartners.com/dlp-capital-partners-reaches-1000-investors/
https://dlprealestate.com/dlp-real-estate-capital-surpasses-1-billion-in-aum/
https://dlprealty.com/blog/dlp-realty-provided-a-extraordinary-option-for-one-very-special-family/
https://www.prnewswire.com/news-releases/dlp-real-estate-capital-named-to-the-inc-5000-list-of-the-fastest-growing-companies-in-america-for-impressive-8th-year-in-a-row-301111425.html
https://youtu.be/ktKMqM6DmUA
https://youtu.be/RiJbw8JOdrw
https://www.youtube.com/watch?v=uqE-EKa6OB0
These supporting materials offer a snapshot of what we have accomplished this past year. The include our 1000 Investor and $1B AUM press releases, a news story covering our efforts (through the Positive Returns Foundation) to help a local family build a better life for their daughter who suffers from a rare skin disease, and a third press release on our accomplishment of making the Inc. 5000 list of America’s Fastest Growing Companies. We realize and understand the importance of impact investing - investing in ourselves, investing in our company as a whole, and investing heavily in the communities in which we live. The latter is, by far, the most rewarding.