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Texas  + Houston-Galveston  + Apartments  |  April 21, 2022
Erik Hamilton
By: Erik Hamilton

DLP Capital & Avid Realty Partners Team Up in Purchase of Houston Apartments

DLP Capital, a private real estate investment and finance firm based in Florida, along with Avid Realty, has purchased 7 Square Apartments, a 402-unit apartment complex located at 7777 Katy Fwy in Houston.

“We remain determined to supply the city of Houston and its working families with housing that is both comfortable and accessible,” said DLP Capital Founder and CEO Don Wenner. “This property will allow the hardworking folks of the community to live where they work. As our portfolio continues to expand with Houston-area acquisitions, we expect to deploy additional capital throughout the city and around the state in the future.”

This is New York-based Avid Realty Partners’ fourth multifamily property acquisition in Houston totaling over 1,200 units. Avid Realty Partners worked in cooperation with Dr. Jay Levy as co-Sponsor of this deal.

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DLP CapitalAvid Realty Partners

About Erik Hamilton

Erik Hamilton, who has more than 15 years in CRE journalism, is a former staff writer with the Los Angeles Times and the Orange County Business Journal. In addition to The Times and the OCBJ, he was also a reporter and editor for Crittenden Research, The San Bernardino Sun and UPI. Erik also worked six years in CRE public relations with Los Angeles-based Hoyt Organization, where he was a Senior Account Executive. He later joined Lee & Associates where he served as the Director of Corporate Communications. There ,in addition to his work with Lee’s CEO, he managed 57 offices nationwide and provided PR, social media and media training for the offices. A graduate of UC Irvine, with a BA in history, he is an avid record collector where he continues to search for a rare Joy Division single.
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