Source: DLP Real Estate Capital
OXFORD, MS - DLP Real Estate Capital, a private financial services and real estate investment firm, announced its acquisition of Lafayette Place, (now renamed DREAM Oxford), a 234-unit multifamily property, located in Oxford, MS. The addition of the community to DLP's portfolio of 14,000 apartment 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 pleased to add Lafayette Place to our portfolio of multifamily communities. Situated close to Ole Miss University and the busy Oxford downtown area, the property will offer hardworking individuals and families convenient and affordable housing options. We look forward to bringing our DLP culture of Wow to current and future residents of our communities."
Anthony Ruben, DLP's Sr. Managing Director of Investments commented, "By adding Lafayette Place to our growing portfolio of communities, DLP shows its continued dedication to impact investing, providing affordable housing to local families while delivering superior returns to our investors."
Lafayette Place was built in 2009 and is conveniently located less than one mile to the University of Mississippi campus and minutes away from downtown Oxford, a vibrant university town that includes restaurants, retail stores, museums, outlets, and more. Lafayette Place sits on 9.30 acres and includes both one- and two-bedroom units with an average 723 sq. footage. Amenities include a resort-style saltwater pool, beach volleyball court, 24-hour fitness center with a modern clubhouse, and an outdoor grilling area.