DLP Capital, a private real estate investment and financial services firm, has announced its selection as one of the Inc. 5000 “Fastest Growing Private Companies in America” for 2022.
This marks the 10th consecutive year that DLP Capital has been on the list, placing the firm among the most elite of private companies to have exceptional and consistent revenue growth. DLP Capital’s revenues over three years grew 256%, placing it in the top 10 among all companies and number 2 for all real estate firms that have made the list 10 years in a row.
“By nearly every metric of revenue growth, DLP Capital continues to lead, achieving exponential growth while making a very measurable impact on the affordable housing crisis in America,” said Don Wenner, founder and CEO of DLP Capital. “We’re impacting the lives of working Americans — and we’re impacting investors who stand alongside us to reap consistent, above-average returns. Our success shows that you can do well while doing good.”
DLP Capital offers real estate investment funds to accredited investors and deploys the capital across the country through the acquisition, development and construction of rental housing as well as by providing debt to real estate operators that invest in related housing.
The firm fills voids in workforce housing at a time when demand for such housing is far exceeding the supply. Almost half of renters in America spend more than 30% of their income on housing, and the problem grows worse every year as supply fails to keep up with demand.
According to the National Multifamily Housing Council, the U.S. needs to build 4.3 million more apartments by 2035 to meet the demand for rental housing. Such market dynamics lead the way for continued strong demand for apartment rentals, with DLP Capital having surpassed $3 billion of assets managed.
“Our initiatives have so far impacted over 700,000 lives, and our ‘Big Hairy Audacious Goal’ is to become a Fortune 500 organization that impacts over 10 million lives in the near future,” added CEO Don Wenner. “We believe that residing in reasonably priced housing is directly tied to the productivity and contentment of families.”
Among the ways that DLP Capital leverages its growth is by partnering and lending to strong real estate sponsors, many of whom join DLP’s “Elite Impact Housing Membership” program that provides blueprints to help operators build exponentially stronger businesses. Through this elite business model, DLP Capital shares its formula for success with its partners/borrowers for collaborative growth.
Complete results of the Inc. 5000 list can be found at inc.com/inc5000.
