Latest news with #DLPCapital
Yahoo
6 days ago
- Business
- Yahoo
DLP Capital Named to Inc. 5000 List of Fastest Growing Companies for 13th Consecutive Year
ST. AUGUSTINE, Fla. & BETHLEHEM, Pa., August 12, 2025--(BUSINESS WIRE)--DLP Capital, a private real estate investment firm headquartered in Florida and Pennsylvania, announced today that it has been named to the Inc. 5000 list of America's fastest-growing private companies for the 13th year in a row. The Inc. 5000, published once per year by the New York City-headquartered Inc. Magazine, is an annual ranking of the nation's fastest-growing companies as measured by cumulative revenue growth over the past three years. To be eligible for the 2025 Inc. 5000, companies must be "privately held, for profit, based in the U.S., and independent." In addition, contenders must have generated no less than $100,000 in revenue in 2021 and at least $2 million in revenue in 2024 to qualify. "To be on the Inc. 5000 for 13 years is a rare and remarkable feat," says Don Wenner, founder and CEO of DLP Capital. "It's an affirmation of the resounding demand for attainable workforce housing across the country, and a testament to the lasting dedication and trust that our investors, sponsors, residents, and employees have put in us." This year, DLP ranked #3,821 on the Inc. 5000, #344 in Florida, and #86 in the real estate category. "Disciplined thought, disciplined people, and disciplined action have led us to where we are today," says Wenner. "Looking ahead, we aim to multiply our impact on America's housing crisis by bringing Thriving Communities to life across our expanding portfolio of multifamily, build-to-rent, manufactured, and short-term vacation rental homes." DLP Capital joins an exclusive cohort of companies that have managed to grow despite inflationary headwinds, high interest rates, and mounting economic uncertainty. This year, the top 500 companies on the Inc. 5000 list achieved a median three-year revenue growth rate of 1,552% and collectively contributed over 48,000 jobs to the American economy during the same period. Inc. magazine will honor this year's awardees at the Inc. 5000 Conference & Gala, which will be held in Phoenix, Arizona from October 22–24, 2025. The Fall issue of Inc. magazine will feature the top 500 companies from the Inc. 5000 list. About DLP Capital: DLP Capital is a St. Augustine, FL and Bethlehem, PA-headquartered private real estate investment firm with over $5.25 billion in assets under management (AUM). Through its four sponsored funds, the firm invests, develops, finances, and operates attainable multifamily and single-family rental housing communities for America's working families. Founded in 2006 by Don Wenner in Pennsylvania's Lehigh Valley, DLP Capital is a thirteen-time Inc. 5000 honoree, most recently in 2025. View source version on Contacts Shannon Danford, Marketing Director(407) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
6 days ago
- Business
- Business Wire
DLP Capital Named to Inc. 5000 List of Fastest Growing Companies for 13th Consecutive Year
ST. AUGUSTINE, Fla. & BETHLEHEM, Pa.--(BUSINESS WIRE)--DLP Capital, a private real estate investment firm headquartered in Florida and Pennsylvania, announced today that it has been named to the Inc. 5000 list of America's fastest-growing private companies for the 13th year in a row. 'Looking ahead, we aim to multiply our impact on America's housing crisis by bringing Thriving Communities to life across our expanding portfolio of multifamily, build-to-rent, manufactured, and short-term vacation rental homes.' Share The Inc. 5000, published once per year by the New York City-headquartered Inc. Magazine, is an annual ranking of the nation's fastest-growing companies as measured by cumulative revenue growth over the past three years. To be eligible for the 2025 Inc. 5000, companies must be 'privately held, for profit, based in the U.S., and independent.' In addition, contenders must have generated no less than $100,000 in revenue in 2021 and at least $2 million in revenue in 2024 to qualify. 'To be on the Inc. 5000 for 13 years is a rare and remarkable feat,' says Don Wenner, founder and CEO of DLP Capital. 'It's an affirmation of the resounding demand for attainable workforce housing across the country, and a testament to the lasting dedication and trust that our investors, sponsors, residents, and employees have put in us.' This year, DLP ranked #3,821 on the Inc. 5000, #344 in Florida, and #86 in the real estate category. 'Disciplined thought, disciplined people, and disciplined action have led us to where we are today,' says Wenner. 'Looking ahead, we aim to multiply our impact on America's housing crisis by bringing Thriving Communities to life across our expanding portfolio of multifamily, build-to-rent, manufactured, and short-term vacation rental homes.' DLP Capital joins an exclusive cohort of companies that have managed to grow despite inflationary headwinds, high interest rates, and mounting economic uncertainty. This year, the top 500 companies on the Inc. 5000 list achieved a median three-year revenue growth rate of 1,552% and collectively contributed over 48,000 jobs to the American economy during the same period. Inc. magazine will honor this year's awardees at the Inc. 5000 Conference & Gala, which will be held in Phoenix, Arizona from October 22–24, 2025. The Fall issue of Inc. magazine will feature the top 500 companies from the Inc. 5000 list. About DLP Capital: DLP Capital is a St. Augustine, FL and Bethlehem, PA-headquartered private real estate investment firm with over $5.25 billion in assets under management (AUM). Through its four sponsored funds, the firm invests, develops, finances, and operates attainable multifamily and single-family rental housing communities for America's working families. Founded in 2006 by Don Wenner in Pennsylvania's Lehigh Valley, DLP Capital is a thirteen-time Inc. 5000 honoree, most recently in 2025.
Forbes
29-07-2025
- Business
- Forbes
Real Estate Set To Soar After Trump's One Big Beautiful Bill
WASHINGTON, DC - JULY 04: U.S. President Donald Trump, joined by Republican lawmakers, signs the ... More One, Big Beautiful Bill Act into law during an Independence Day military family picnic on the South Lawn of the White House on July 04, 2025 in Washington, DC. After weeks of negotiations with Republican holdouts Congress passed the One, Big Beautiful Bill Act into law, President Trump's signature tax and spending bill. The bill makes permanent President Donald Trump's 2017 tax cuts, increase spending on defense and immigration enforcement and temporarily cut taxes on tips, while cutting funding for Medicaid, food assistance and other social safety net programs. (Photo by) The One Big Beautiful Bill Act, signed into law by President Donald Trump on July 4, 2025, is not without its critics. From concerns about ballooning deficits to controversial cuts to Medicaid, many see the legislation as a step backward. However, for those in the commercial real estate industry, the bill is a potential game-changer. New tax provisions offer clarity and long-term stability for developers and investors, setting the stage for what could be the next major boom in the sector. While the provisions of the OBBBA will have significant implications for the entire commercial real estate market, two sectors stand to benefit particularly: low-income multifamily housing and industrial development. A Permanent Boost for Affordable Housing There is a growing housing shortage in the United States, especially in the low-income end of the market. The lack of affordable units drives homelessness, deepens poverty, strains public services, and weakens the economy by limiting workforce mobility and long-term social stability. The OBBBA specifically targets this crisis with the new incentives and provisions to jumpstart development. According to DLP Capital, a private real estate investment company specializing in affordable housing development, the gap between qualified income and actual income has grown to 54.6% from -3.7% since 2021. DLP believes the new incentives will have a significant impact on the market. "The OBBBA may be the most pro-housing CRE legislation in a generation," says DLP's head of growth, Bo Parfet. The OBBBA includes a significant boost to the Low-Income Housing Tax Credit program, which is the nation's primary tool for creating affordable housing. Before the OBBBA, it operated with annual allocations that were subject to congressional approval and extension. While effective, this approach created uncertainty for long-term project planning and limited states' ability to address the housing shortage with consistent, predictable funding. The OBBBA provides a permanent 12% increase in the annual amount of 9% LIHTC allocations. Another provision created under the OBBBA is the Fast-Track Permitting Fund, which allows developers to pay a fee to expedite federal environmental reviews under the National Environmental Policy Act. This fund is particularly beneficial for low-income housing projects that rely on federal funding or tax-exempt bonds, as it helps reduce delays that often derail or inflate the development costs. By streamlining the approval process, the fund enables affordable housing projects to meet financing deadlines more easily, improve predictability, and bring much-needed units to market more quickly. The hope is that the Fast-Track Permitting Fund will put political and market pressure on states and cities to follow suit, further reducing bottlenecks. The lengthy permitting process is often a deal-killer for developers, and reducing the timeline to construction should improve investment returns. "Multifamily—especially workforce housing—is the clear winner. More deals will move forward, faster," says Parfet. In addition to adjustments to the Low-Income Housing Tax Credit program and the introduction of the Fast-Track Permitting Fund, changes to opportunity zones are also expected to fuel growth in affordable housing. The Qualified Opportunity Zone program, designed to incentivize long-term investments in low-income communities, was created with a sunset date of December 31, 2026, for capital gain deferral. The OBBBA makes the deferral feature permanent. It also introduces new 10-year designation periods for new zones, starting in 2027, and includes provisions for rural opportunity zones with enhanced benefits. The introduction of rural opportunity zones should help direct capital into underserved rural areas, potentially spurring new industrial and multifamily developments in these regions. Investors who may have been hesitant due to the previous program's limited lifespan will likely re-evaluate Qualified Opportunity Zone projects, leading to new capital flowing into underserved communities and regions. Ben Reinberg, CEO of real estate investment firm Alliance Consolidated Group of Companies, believes the new legislation will re-energize OZ investments. "For long-term investors looking to reduce exposure and amplify yield, OZs just became very relevant again," he says. Massive Incentives For Domestic Manufacturing The Trump administration has made domestic manufacturing a central focus, using tariffs to try to shift supply chains and incentivize production at home. The OBBBA complements that strategy, combining new tax incentives with the renewal of other programs to accelerate industrial development and attract capital back to U.S. soil. The biggest incentive in the bill targets Qualified Production Property. Before the OBBBA, nonresidential buildings, such as factories, were typically depreciated over a lengthy 39-year period. While equipment and other tangible personal property qualified for bonus depreciation, the buildings themselves did not. The OBBBA introduces a new, temporary provision that allows for a 100% immediate deduction of the cost of QPP. To qualify, construction must be completed before January 1, 2029, and the property must be placed in service before January 1, 2031. QPP excludes offices, administrative areas, lodging, and parking within the building. The ability to immediately deduct the cost of eligible manufacturing facilities provides a powerful tax incentive. The QPP provision should stimulate the construction of new factories, assembly plants, and processing facilities across the U.S., encouraging companies to reshore production from overseas or nearshore from other countries to the U.S. The growth of manufacturing facilities should lead to increased demand for other logistics assets such as distribution centers and warehousing. "The opportunity lies in overlooked industrial corridors, characterized by land availability, low regulation, and favorable tax structures," Reinberg notes. "Industrial CRE is the sleeping giant. This bill just woke it up." Permanent 100% bonus depreciation, which allowed businesses to deduct the full cost of eligible qualified property immediately, was also introduced in the OBBBA. The previous law had 100% bonus depreciation phasing down. For property placed in service in 2025, the rate was set at 40%, declining further in subsequent years. The phase-down created urgency for capital expenditures to take advantage of the higher deduction rates. Another positive provision for commercial real estate is the change to the deductibility of interest costs. The previous law restricted the deduction of business interest expense to 30% of adjusted taxable income and excluded the add-back of depreciation and amortization from the calculation, lowering the amount of deductible interest for capital-intensive businesses. The OBBBA permanently amends the calculation for the business interest expense limitation to include depreciation and amortization. By including these expenses in the determination of adjustable taxable income, real estate businesses will generally be able to deduct a larger portion of their business interest expense, increasing cash flow and improving the overall profitability of debt-financed projects. In a higher-interest-rate environment, this change makes borrowing more attractive. The Revival of Commercial Real Estate The OBBBA is undoubtedly positive for the commercial real estate market. By enhancing incentives such as 100% bonus depreciation, LIHTC, fast-track permitting, and opportunity zones, the OBBBA can provide clarity and predictability to investors and developers, ultimately helping to address the affordable housing problem. Meanwhile, the new Qualified Production Property deduction is expected to reinvigorate the industrial market and promote domestic manufacturing. The OBBBA is indeed beautiful, especially for commercial property.
Yahoo
19-06-2025
- Business
- Yahoo
EY US announces Don Wenner of DLP Capital as an Entrepreneur Of The Year® 2025 Florida Award winner
Celebrating the bold leaders shaping the future through the world's most ground-breaking companies ST. AUGUSTINE, Fla., June 19, 2025--(BUSINESS WIRE)--Ernst & Young LLP (EY US) today announced that the Founder & CEO of DLP Capital was named an Entrepreneur Of The Year 2025 Florida Award winner. Entrepreneur Of The Year is the preeminent competitive awards program for entrepreneurs and leaders of high-growth companies. For 40 years, EY US has celebrated ambitious entrepreneurs who are transforming industries, impacting communities, and creating long-term value. Don Wenner was chosen by an independent panel of past winners, top CEOs and business leaders. Judges assessed candidates on long-term value creation, entrepreneurial spirit, purpose-driven commitment and significant growth and impact. "This recognition is a powerful affirmation of the mission that drives us every day at DLP Capital. Our purpose starts with 'Dream. Live. Prosper.'—what DLP stands for—and it's more than just a name. We're passionate about investing in housing that is affordable for working families and making an extraordinary impact by transforming lives and building thriving communities. This award reflects the tireless work of our entire team and the belief that business can be both purposeful and profitable." — Don Wenner, Founder & CEO, DLP Capital As a Florida award winner, Don Wenner is now eligible for consideration for the Entrepreneur Of The Year 2025 National Awards. The National Award winners, including the Entrepreneur Of The Year National Overall Award winner, will be announced in November at the Strategic Growth Forum®, one of the nation's most prestigious gatherings of high-growth, market-leading companies. The Entrepreneur Of The Year National Overall Award winner will then move on to compete for the EY World Entrepreneur Of The Year™ Award in June 2026. Entrepreneur Of The Year recognizes many different types of business leaders for their ingenuity, courage and entrepreneurial spirit. The program celebrates original founders who bootstrapped their business from inception or who raised outside capital to grow their company; transformational CEOs who infused innovation into an existing organization to catapult its trajectory; and multigenerational family business leaders who reimagined a legacy business model to strengthen it for the future. The Entrepreneur Of The Year program has recognized the leadership of entrepreneurs such as: Sheila Mikhail of AskBio Caryn Seidman Becker and Ken Cornick of CLEAR James Park of Fitbit Arthur Blank of The Home Depot Kendra Scott of Kendra Scott LLC Reed Hoffman and Jeff Weiner of LinkedIn Saiju Jeong of Noom Howard Schultz of Starbucks Coffee Company Jodi Berg of Vitamix Michael Happe of Winnebago Industries Eric Yuan of Zoom Sponsors Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards include presenting sponsors PNC Bank, Cresa, LLC, Marsh USA, and SAP. About Entrepreneur Of The Year Founded in 1986, Entrepreneur Of The Year has celebrated more than 11,000 ambitious visionaries who are leading successful, dynamic businesses in the US, and it has since expanded to nearly 60 countries globally. The US program consists of 17 regional programs whose panels of independent judges select the regional award winners every June. Those winners compete for national recognition at the Strategic Growth Forum® in November where National finalists and award winners are announced. The overall National winner represents the US at the EY World Entrepreneur Of The Year™ competition. Visit About EY EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets. Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow. EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories. All in to shape the future with confidence. EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit About DLP Capital DLP Capital is a private, diversified real estate investment firm. The firm's core focus is on investing in, developing, and financing attainable housing for America's workforce, including multifamily and single-family, manufactured housing, and outdoor hospitality. The firm's portfolio is capitalized via a series of evergreen investment funds for accredited investors, each of which has provided superior year-over-year consistent returns since inception. With over $5.25 billion of assets under management, DLP Capital has been on the Inc. 5000 list of "Fastest Growing Private Companies in America" for 12 consecutive years. Through its exclusive membership platforms focused on wealth, legacy, and business scaling—including its proprietary Elite Execution System—DLP Capital empowers its clients and impacts lives centered around building thriving communities. DLP Capital is headquartered in St. Augustine, FL, with offices in Allentown, PA and Asheville, NC. Visit View source version on Contacts Shannon Tel: (407) 267-6300 Sign in to access your portfolio
Business Wire
19-06-2025
- Business
- Business Wire
EY US announces Don Wenner of DLP Capital as an Entrepreneur Of The Year ® 2025 Florida Award winner
ST. AUGUSTINE, Fla.--(BUSINESS WIRE)--Ernst & Young LLP (EY US) today announced that the Founder & CEO of DLP Capital was named an Entrepreneur Of The Year 2025 Florida Award winner. Entrepreneur Of The Year is the preeminent competitive awards program for entrepreneurs and leaders of high-growth companies. For 40 years, EY US has celebrated ambitious entrepreneurs who are transforming industries, impacting communities, and creating long-term value. Big News! Don Wenner has been named EY Entrepreneur Of The Year® 2025 Florida winner! From 'Dream. Live. Prosper.' to real impact—Don's leadership continues to transform lives and build thriving communities. #EOY2025 #DLPCapital #Leadership #AffordableHo Share Don Wenner was chosen by an independent panel of past winners, top CEOs and business leaders. Judges assessed candidates on long-term value creation, entrepreneurial spirit, purpose-driven commitment and significant growth and impact. 'This recognition is a powerful affirmation of the mission that drives us every day at DLP Capital. Our purpose starts with 'Dream. Live. Prosper.'—what DLP stands for—and it's more than just a name. We're passionate about investing in housing that is affordable for working families and making an extraordinary impact by transforming lives and building thriving communities. This award reflects the tireless work of our entire team and the belief that business can be both purposeful and profitable.' — Don Wenner, Founder & CEO, DLP Capital As a Florida award winner, Don Wenner is now eligible for consideration for the Entrepreneur Of The Year 2025 National Awards. The National Award winners, including the Entrepreneur Of The Year National Overall Award winner, will be announced in November at the Strategic Growth Forum ®, one of the nation's most prestigious gatherings of high-growth, market-leading companies. The Entrepreneur Of The Year National Overall Award winner will then move on to compete for the EY World Entrepreneur Of The Year™ Award in June 2026. Entrepreneur Of The Year recognizes many different types of business leaders for their ingenuity, courage and entrepreneurial spirit. The program celebrates original founders who bootstrapped their business from inception or who raised outside capital to grow their company; transformational CEOs who infused innovation into an existing organization to catapult its trajectory; and multigenerational family business leaders who reimagined a legacy business model to strengthen it for the future. The Entrepreneur Of The Year program has recognized the leadership of entrepreneurs such as: Sponsors Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards include presenting sponsors PNC Bank, Cresa, LLC, Marsh USA, and SAP. About Entrepreneur Of The Year Founded in 1986, Entrepreneur Of The Year has celebrated more than 11,000 ambitious visionaries who are leading successful, dynamic businesses in the US, and it has since expanded to nearly 60 countries globally. The US program consists of 17 regional programs whose panels of independent judges select the regional award winners every June. Those winners compete for national recognition at the Strategic Growth Forum ® in November where National finalists and award winners are announced. The overall National winner represents the US at the EY World Entrepreneur Of The Year™ competition. Visit About EY EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets. Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow. EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories. All in to shape the future with confidence. EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit About DLP Capital DLP Capital is a private, diversified real estate investment firm. The firm's core focus is on investing in, developing, and financing attainable housing for America's workforce, including multifamily and single-family, manufactured housing, and outdoor hospitality. The firm's portfolio is capitalized via a series of evergreen investment funds for accredited investors, each of which has provided superior year-over-year consistent returns since inception. With over $5.25 billion of assets under management, DLP Capital has been on the Inc. 5000 list of 'Fastest Growing Private Companies in America' for 12 consecutive years. Through its exclusive membership platforms focused on wealth, legacy, and business scaling—including its proprietary Elite Execution System—DLP Capital empowers its clients and impacts lives centered around building thriving communities. DLP Capital is headquartered in St. Augustine, FL, with offices in Allentown, PA and Asheville, NC. Visit
