DLP Capital closes $ 74 million in multi-family loans for two properties in Houston, TX


ST. AUGUSTINE, Florida – (COMMERCIAL THREAD) – DLP Capital, a private real estate finance and investment company, announces the closing of $ 74 million in multi-family loans for two Houston-area apartment complexes with a total of 1,062 units. Palms at Westheimer (798 units) is owned by Dr Furkan Kalkan, Chairman of Kalkan Capital; Huntington at Stonefield (264 units) is part of a partnership between Kalkan Capital and Market Space Capital.

Kalkan Capital has an impact on revitalizing communities plagued by crime, transforming them into safe and efficient homes for families. “DLP is grateful to be a part of the mission that Dr. Kalkan began so many years ago as a student at Texas A&M,” said Scott Meyers, president of funding for DLP. “The impact he has had in providing safe, affordable housing for families in Houston is increasingly recognized nationally. I can’t wait to see its iconic blue fence rise in many more communities. ”

Kalkan is a member of DLP Elite Impact Housing, an exclusive, high-level membership through DLP Capital that provides organizations with capital at scale, personal mentorship and valuable insights, the suite of system operating tools. DLP Elite execution and additional key benefits for empowerment and growth.

“I am grateful for the relationship I have with DLP Capital,” said Dr. Kalkan. “Our partnership continues to successfully repel crime from community to community and allows families to live safely in the neighborhoods they love.”

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 enterprise 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 proprietary 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.


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