DLP Capital
- Company typePrivate
- Founded2006
- HeadquartersSaint Augustine, United States
- Headcount501–1,000
- GTM typeB2C
- OfferingServices
What DLP Capital does
DLP Capital (legally DLP Real Estate Capital Inc.) is a private, diversified real estate investment firm founded in 2006 and headquartered in St. Augustine, Florida, with 501-1,000 employees and a 20th-anniversary milestone reached in 2026. The firm operates a vertically integrated platform that sponsors, manages, lends against, and in some cases directly develops real estate assets, with a thematic concentration in workforce/affordable rental housing, manufactured housing, and RV-zoned communities across the US Southeast. A chartered community bank subsidiary (DLP Bank, formed via the September 2022 acquisition of Community State Bank) extends the platform into regulated banking activities including deposits and lending.
DLP Capital firmographics
Firmographics- Name
- DLP Capital
- Legal name
- DLP Real Estate Capital Inc.
- Website
- https://dlpcapital.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Ownership category
- akta.pro rank
DLP Capital industry classification
Industry- Product category
- Private Real Estate Investment Management
- NAICS
- Other Financial Vehicles (52599), Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Mortgage Bankers & Loan Correspondents (6162), Investors, Nec (6799)
- akta.pro primary industry
- Private Credit / Direct Lending (FSAAAHAG)
- akta.pro secondary industries
- Large-Cap / Sponsor Finance Direct Lending (FSANADAJ), Construction & Development (C&D) Lending — Commercial/Multifamily (FSALADAH)
Keywords
Where DLP Capital is headquartered
LocationHeadquarters
- HQ city
- Saint Augustine
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
DLP Capital business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Fund Management Fees: DLP Capital generates revenue through management fees charged on assets under management across its sponsored private real estate funds. The firm offers multiple fund vehicles targeting different risk/return profiles for accredited investors.
- Carried Interest / Performance Fees: The firm earns carried interest (profit participation) from fund investments when returns exceed specified thresholds, aligning manager and investor interests.
- Real Estate Lending Income: Income generated from private credit investments to real estate sponsors through the DLP Lending Fund, targeting monthly passive income and annual returns of up to 10%.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | DLP Lending Fund - Senior Secured Mortgage Fund targeting up to 10% annual returns |
| Subscription | Monthly | DLP Housing Fund - Income-producing attainable rental communities targeting up to 12% annual returns |
| Subscription | Monthly | DLP Preferred Credit Fund - Private preferred credit targeting up to 11% annual returns |
| Subscription | Quarterly | DLP Building Communities Fund - Development-focused targeting up to 14% annual returns |
| Subscription | Annual | DLP Living Fully Fund - Manufactured housing and RV communities targeting approximately 10% annual returns |
| One time/ perpetual license | Multi-year contract | DLP Lending Fund Series A Note Offering - 8% fixed interest rate |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels6 records
DLP Capital product offering
Product offeringCore offering
DLP Capital is a private, diversified real estate investment firm that sponsors multiple private real estate funds providing debt and equity exposure to attainable and workforce rental housing. Through funds such as the DLP Lending Fund, DLP Housing Fund, DLP Preferred Credit Fund, DLP Building Communities Fund, and DLP Living Fully Community Fund (and corresponding Series A Note Offerings), the firm pools capital from accredited investors to originate short-term bridge loans to experienced real estate operators and to acquire, develop, and operate workforce housing communities, with a stated focus on non-concessionary impact returns.
Product overview
DLP Capital is an impact-driven private real estate investment firm offering a portfolio of seven distinct investment products and funds for accredited investors. The core offerings include six investment funds: DLP Lending Fund (senior secured mortgage fund targeting up to 10% annual returns), DLP Housing Fund (income-producing rental communities targeting up to 12%), DLP Preferred Credit Fund (preserving attainable rental housing targeting up to 11%), DLP Building Communities Fund (development-focused targeting up to 14%), DLP Living Fully Community Fund (manufactured housing and RV communities), plus two Series A Note Offerings providing structured fixed-income exposure. Beyond investments, DLP Capital offers an educational ecosystem including The Twenty platform, the DLP Elite Execution System methodology, published books (Building an Elite Organization, Building an Elite Career, DLP Elite Journal), and downloadable planning tools. The company also provides investor and borrower online portals for account management.
Differentiator
Problem solved
Functional benefit
Products and services
- DLP Lending Fund A private credit fund that provides short-term, asset-backed, high-yield real estate loans (acquisition, bridge, and construction financing) to experienced real estate operators and sponsors. It is offered to accredited investors seeking yield-oriented, non-correlated exposure to residential real estate debt.
- DLP Housing Fund A private equity real estate fund that acquires, develops, repositions, and operates attainable and workforce rental housing communities. Targeted at accredited investors seeking long-term, cash-flowing equity exposure to residential real estate with stated impact outcomes.
- DLP Preferred Credit Fund A private real estate fund that invests via preferred-equity structures in rental housing projects, providing operators with a flexible senior tranche of capital in exchange for priority preferred returns to investors. Aimed at accredited investors seeking a middle-ground risk/return between senior debt and common equity.
- DLP Building Communities Fund A private equity real estate fund that develops, builds, and repositions new workforce and attainable rental housing in growth markets. Designed for accredited investors seeking development-driven equity returns and measurable impact in housing supply.
- DLP Living Fully Community Fund A private real estate fund that builds and operates amenitized, resident-experience-focused attainable rental housing communities, combining housing with on-site services and programming. For accredited investors looking to combine financial returns with measurable resident and community impact.
- DLP Lending Fund Series A Note Offering A Reg D-style Series A Note Offering tied to the DLP Lending Fund, allowing accredited investors to invest in a note instrument whose proceeds are deployed into the Lending Fund's portfolio of senior-secured real estate loans. Geared toward investors who want direct, single-note exposure to the credit strategy.
- DLP Preferred Credit Fund Series A Note Offering A Series A Note Offering for the DLP Preferred Credit Fund, structured to let accredited investors participate in the fund's preferred-equity real estate investments through a single note instrument with defined terms and target yields.
- DLP Bank An affiliated regulated banking entity providing deposit accounts, loans, and other banking services that complement DLP Capital's private real estate funds. It serves investors, sponsors, and the broader DLP ecosystem with a regulated balance sheet.
Quantifiable outcome
- Never missed a period of preferred return for investors since inception of each DLP Capital-sponsored fund
- +2 more outcomes
Companies that use DLP Capital
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles3 records
DLP Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
DLP Capital partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- Real Estate SponsorscoreDLP Capital structures investment opportunities alongside experienced real estate sponsors, providing capital for workforce housing and attainable rental community developments. These partnerships are central to the firm's investment strategy of financing attainable multifamily housing developments nationwide.
- EY (Ernst & Young)minorDLP Capital Founder & CEO Don Wenner received the National EY Entrepreneur of the Year award in the Service category, recognizing the firm's impact-driven approach to affordable housing.
- Tim Tebow FoundationminorDLP Capital partnered with the Tim Tebow Foundation for an 'Unlocking Impact: Behind the Scenes' event, demonstrating commitment to community impact initiatives.
Scale indicators7 records
Recent moves7 records
Expansion highlights5 records
DLP Capital competitors and assessment
Company assessmentDirect peers
- Fundrise: Real estate investment platform offering diversified funds and eREITs to retail and accredited investors. Comparable in using a fund-shelf model with multiple vehicles and a content-and-event-driven investor acquisition approach similar to DLP's.
- EquityMultiple: Tech-enabled commercial real estate investment platform offering individual and fund vehicles to accredited investors. Comparable product menu (debt, equity, preferred) and similar target investor base as DLP Capital.
- RealtyMogul: Online commercial real estate platform offering individual deals and funds to accredited investors. Directly comparable to DLP's direct investor distribution and middle-market real estate focus, including multifamily exposure.
- CrowdStreet: Online private real estate investment platform that distributes sponsor-led deals to accredited investors. Closely comparable to DLP's direct-to-accredited-investor model and event-driven GTM, though CrowdStreet is a marketplace while DLP is the sponsor.
- Yieldstreet: Alternative investment platform offering private credit, real estate, and structured products to retail accredited investors. Comparable in distribution model (direct-to-accredited, advisor channel) and product type (note-like income products) to DLP.
Emerging players
- Roofstock: Online marketplace for single-family rental and multifamily investments targeted at individual and institutional investors. Adjacent to DLP's attainable rental housing focus with overlap in serving investors seeking passive real estate exposure.
Broad incumbents
- Starwood Capital Group: Private real estate investment firm managing capital across equity and debt strategies globally. Comparable to DLP's combination of equity funds and lending vehicles, though at a much larger institutional scale.
- Brookfield Asset Management (Real Estate): Major real estate owner/operator and fund sponsor across multifamily, office, and logistics. Overlaps with DLP on multifamily rental exposure and on raising third-party capital for credit and equity real estate strategies.
- KKR Real Estate: Global alternative asset manager with a sizable real estate platform running core, core-plus, and opportunistic strategies plus real estate credit. Comparable to DLP's diversified fund and lending model but with broader geography and institutional LP base.
- Blackstone Real Estate: Largest global private real estate investment manager offering BREIT and multiple closed-end real estate funds. Directly comparable to DLP in offering private real estate products to investors, though at materially larger scale and with a broader mandate.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
DLP Capital social profiles
Digital presenceDLP Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
DLP Capital leadership team
Management profileNumber of profiles
Profiles5 records
DLP Capital subsidiaries and ownership
Company hierarchySubsidiaries1 record
DLP Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
DLP Capital M&A and investment
M&A and investmentM&A1 record
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about DLP Capital
What does DLP Capital do?
DLP Capital is a private, diversified real estate investment firm that sponsors multiple private real estate funds providing debt and equity exposure to attainable and workforce rental housing. Through funds such as the DLP Lending Fund, DLP Housing Fund, DLP Preferred Credit Fund, DLP Building Communities Fund, and DLP Living Fully Community Fund (and corresponding Series A Note Offerings), the firm pools capital from accredited investors to originate short-term bridge loans to experienced real estate operators and to acquire, develop, and operate workforce housing communities, with a stated focus on non-concessionary impact returns.
Is DLP Capital a public or private company?
DLP Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was DLP Capital founded?
DLP Capital was founded in 2006. It employs 501 to 1,000 people.
Where is DLP Capital based?
DLP Capital is headquartered in Saint Augustine, United States, in the North America region.
How does DLP Capital make money?
Three revenue lines are on record. Fund Management Fees are the primary driver. The others are carried Interest / Performance Fees and real Estate Lending Income.
Who are DLP Capital's main competitors?
Direct peers on record are Fundrise, EquityMultiple, RealtyMogul, CrowdStreet and Yieldstreet. Roofstock is listed as an emerging player. Broad incumbents are Starwood Capital Group, Brookfield Asset Management (Real Estate), KKR Real Estate and Blackstone Real Estate.
Does DLP Capital have an API?
No public API is recorded for DLP Capital.
What industry is DLP Capital in?
DLP Capital's product category is Private Real Estate Investment Management. Its primary akta.pro industry code is FSAAAHAG, Private Credit / Direct Lending, with a secondary code of FSANADAJ, Large-Cap / Sponsor Finance Direct Lending. Its NAICS code is 52599 and its SIC code is 6162.