DLP Capital completes two multi-family loans totaling $ 27 million for residential properties in Houston | Business
ST. AUGUSTINE, Florida – (BUSINESS WIRE) – November 23, 2021–
DLP Capital, a private real estate finance and investment company, announces the closing of two multi-family loans for apartment complexes in Houston: Thicket Apartments ($ 18 million) and Shadow Walk Apartments ($ 9 million).
Houston’s multi-family properties, consisting of 268 units and 175 units, are now owned by Dr. Furkan Kalkan, President of Kalkan Capital. Kalkan Capital has an impact on revitalizing communities affected by crime, transforming them into safe and efficient homes for families.
“DLP Capital is passionate about sharing Dr. Kalkan’s mission to create safe and affordable housing for the workforce in his community,” said Scott Meyers, President of Funding at DLP Capital. “Dr. Kalkan continues to impress us with his courage and dedication to providing housing to the community of working families in the greater Houston area.
These loans are DLP Capital’s fourth and fifth loans to Kalkan Capital. Dr Kalkan joined the DLP Elite Impact Housing Membership, an exclusive community through DLP Capital that provides real estate investors with capital at scale, personal mentorship and valuable insights, the operating tools suite of DLP Elite Execution System and additional key benefits for empowerment, education, and growth.
“We are delighted to continue our strong partnership with DLP Capital,” said Dr Kalkan. “Our missions work so well together because we are all in this business for the same reason, to help families thrive by providing affordable housing for the workforce in their own communities.”
About DLP Capital
DLP Capital is a private real estate investment and financial services firm focused on creating IMPACT by acquiring, developing and building relationships, homes, leaders and organizations. DLP Capital has a wide range of business and corporate divisions including lending, investment funds, sales, leasing, securities services, property management, construction management, development and service loans. Through the Elite Execution System, along with its exclusive membership platforms focused on business scale, investment housing, family and wealth, DLP Capital is making an impact on lives in allowing its customers to choose, create, grow and preserve prosperity. For more information, visit DLPCapital.com or follow us @dlpcapital
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CONTACT: Tucker Slosburg
KEYWORD: FLORIDA TEXAS UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES RESIDENTIAL BUILDING AND REAL ESTATE COMMERCIAL BUILDING AND REAL ESTATE FINANCE CONSTRUCTION AND REAL ESTATE REIT
SOURCE: DLP Capital
Copyright Business Wire 2021.
PUB: 11/23/2021 4:00 p.m. / DISC: 11/23/2021 4:02 p.m.
Copyright Business Wire 2021.