OXFORD, MS – DLP Real Estate Capital, a privately held financial services and real estate investment firm, announced the acquisition of Lafayette Place (now renamed DREAM Oxford), a 234-unit apartment building in Oxford, MS. The addition of the community to the DLP portfolio of 14,000 residential units continues the company's mission to do good through impact investing.
Don Wenner, Founder and CEO of DLP Real Estate Capital, commented, "We are extremely excited to add Lafayette Place to our multi-family community portfolio. Located near Ole Miss University and bustling downtown Oxford, the hotel caters to hardworking individuals and Families Comfortable and affordable housing. We look forward to bringing our DLP culture of Wow to current and future residents of our communities. "
Anthony Ruben, Senior Managing Director of Investments at DLP, commented, "By adding Lafayette Place to our growing portfolio of communities, DLP is demonstrating its continued commitment to impact investing by providing affordable housing to local families and delivering superior returns to our investors. "
Lafayette Place was Built in 2009, the hotel is less than a mile from the University of Mississippi campus and minutes from downtown Oxford, a vibrant university town with restaurants, retail outlets, museums, outlets and more. Lafayette Place sits on 9.30 acres and includes both one and two bedroom units with an average area of 723 square feet. Amenities include a resort-style saltwater pool, beach volleyball court, 24-hour fitness center with a modern clubhouse, and an outdoor grill area.
Source: DLP real estate capital
