Bethlehem, PA, January 04, 2018 --(PR.com
)-- DLP Realty Property Management, a Dream Live Prosper Company, based in Bethlehem, PA, is experiencing a real estate surge with an impressive $103M in acquisitions in December alone. Nine multifamily acquisitions, totaling 1552 rental units in four states in under three weeks. “DLP Realty Property Management is poised to grow exponentially as we close out 2017 acquiring our largest portfolio of rental communities to expand our workforce housing and lifestyle brands nationally, in order to offer renters in additional markets exactly what they are looking for,” shares Jason Battestelli, Senior Vice President of DLP Realty Property Management.
DLP’s multifamily portfolio of communities has experienced a strong growth period under the direction of CEO and Founder, Don Wenner, over the last two years, acquiring $300M in assets from 2015. While specializing in distressed and value-add assets, DLP has increased its quality of assets with ECI’s B+ class assets along the Gulf Coast through Northern Mississippi. The recent December 29th acquisition of four ECI communities rounds out the month’s nine acquisitions and introduces DLP to a new class of rental product in markets along the Gulf Coast and extending through America’s heartland. “We are excited about the enormous growth opportunity to continue to expand into secondary & tertiary markets that have strong population & job growth. Our focus is on providing affordable housing in these markets and, in turn, providing solid & consistent returns in all market environments for our investors. Our expansion goals and long term asset management focus will continue into 2018 through disciplined buying, including partnerships with passive & active partners, strong asset management, and execution,” explains Don Wenner, CEO and Founder of Dream Live Prosper (DLP) Family Of Companies, specializing in making investing in multi-family & single family real estate easier & more profitable. “We do this through DLP Capital Partners Investment Funds, Direct Private Lending to real estate investors, partnerships, and providing asset management services to real estate investors.“
About DLP Realty Property Management
DLP Realty Property Management specializes in driving performance of multi-family communities throughout secondary & tertiary markets through execution, Leasing, innovative revenue strategies, capital improvements and expense reduction. DLP PM manages hundreds of multifamily & single family assets across more than 20 markets within eight states.
About Dream Live Prosper
Dream Live Prosper, a Don Wenner Family Of Companies founded in 2009, is named among the Top 5000 Fastest Growing Companies in the US five years in a row by Inc. 5000, is named the #9 Real Estate Team in the US by The Wall Street Journal, and is on the Lehigh Valley Business 2017 Fastest Growing Companies List for the second consecutive year, specializing in full service real estate offerings.