by Don Wenner, As published by Forbes Given today’s ever-changing market, diversified investment portfolios are more important than ever in achieving maximum returns and minimizing overall risk. To hedge their bets, many investors are looking beyond well-diversified stock and bond…
DLP Real Estate Capital is pleased to announce the $43 million acquisition of Wexford Village at Devonshire Apartments, an exceptional multifamily community located in Scott Depot, West Virginia, a thriving submarket of Charleston.
DLP Real Estate Capital has announced its latest acquisition of Willow Trace, a multifamily property in Shreveport, LA. The property consists of 192 units, includes one- and two-bedrooms, and offers seven floorplan options.
The housing fund is DLP’s eighth fund in eight years and it allows the firm to work with larger investors, he said. DLP targeted 12% or higher equity returns for this fund.
Larry Hickernell, DLP Capital Partners’ Senior Investor Success Manager commented, “With this specific property, we had an over 19% net annual return to investors! With those phenomenal returns, investors had the opportunity to then re-invest and transition their substantial earnings into our brand new Housing Fund.”