SOURCE: DPG Investments, LLC

July 02, 2015 13:47 ET

DPG Investments, LLC and Affiliates Structure 95 Percent Equity Capital for Texas Apartment Acquisition

SCOTTSDALE, AZ--(Marketwired - Jul 2, 2015) - DPG Investments, LLC and affiliates are proud to announce another successful capital structuring and closing. DPG structured $2.1 million in limited partner capital, equating to approximately 95 percent of the required equity, for the acquisition and renovation of a 327-unit apartment complex in San Antonio, Texas. The property, Santa Fe Place, is located on seven acres and is close to employment centers and transportation corridors.

DPG Chairman Dan Galvanoni commented, "Santa Fe Place represents the ninth multifamily property investment DPG has structured in Texas in the past year, in four metro areas. DPG believes Texas and the southeast continue to be robust markets."

Joe Joseph, DPG's managing director of real estate finance, noted, "Santa Fe Place is the second apartment transaction with this operating team and DPG's significant family office investor. DPG values programmatic relationships with our operating and investor partners."

About DPG: DPG Investments, LLC and its affiliates provide global alternative investment management and advisory services. With offices in Arizona, California, Connecticut and Georgia, DPG was founded in 2004 from a top tier family office. DPG is a recognized, premier multi-strategy global private equity, merchant banking, alternative investment, and multi-family office advisory firm.

DPG's diversified private investor base is comprised of a select group of cutting-edge, ultra-high net worth and high net worth private family offices, offshore affiliates, private equity firms, public capital corporations, top tier hedge funds, insurance companies, endowments, pension plans and various best-in-class operating partners.

As a financier, investor or merchant banker structuring in excess of $1 billion in capital commitments since 2004, DPG currently has 26 private equity holdings with a current focus on global consumer finance products, financial services, specialty finance platforms, real estate, alternative energy, oil and gas, natural resources, entertainment and media, special situation and distressed investing, selective venture capital, direct private lending, structured credit products and fund vehicles. DPG takes pride in delivering customized capital solutions in a disciplined entrepreneurial system.

The statements contained herein may include statements of future expectations and forward-looking statements based on management's current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements.

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