SCOTTSDALE, Ariz.--()--DPG INVESTMENTS, LLC, and affiliates successfully originated, financed and expedited a $7.2 million senior-secured 80 percent LTC bridge loan for Wilkinson Corporation’s acquisition of Haverly at Stone Mountain. The 360-unit multifamily project in Atlanta, Georgia, was a distressed asset. The selling institution required a 30-day transaction window.
“We worked hand in hand with Wilkinson Corporation to get this deal closed”
“We worked hand in hand with Wilkinson Corporation to get this deal closed,” said DPG Chairman Dan Galvanoni. “Wilkinson is a world-class organization and sponsor. This transaction will be the first of many successful fundings between our companies.”
DPG will continue to play a critical role in facilitating the acquisition of distressed assets and financing the repurchase of discounted notes by borrowers. In 2012, DPG and its affiliates plan to structure and finance in excess of $300 million of private capital. DPG’s core strategies include private lending, discounted debt repurchase, mezzanine tranches, structured participations and preferred equity investing.
DPG Investments and its affiliates provide global alternative investment management and advisory services. With offices in Arizona and California, DPG specializes in the allocation of capital across various asset classes on behalf of its select high-net worth and ultra-high net worth family offices and institutional private equity managers. DPG's current focus in the alternative investment sector includes real estate lending and acquisition, renewable energy and natural resources, corporate private equity, asset management, fund-to-fund advisory and venture capital. Through its solid platform and disciplined approach, DPG maintains a predominant foothold in the capital markets, trafficking significant and high-quality opportunities on a consistent basis.
Currently, DPG works principally and in conjunction with its numerous domestic and international capital partners, which service a diverse scope of transactions on a co-investment and allocation basis. These partners include, but are not limited to hedge funds, REITs, equity portfolios, private merchant banks, pension funds and life insurance companies. DPG maintains a strong focus on ultra-high net worth family office partnerships throughout the U.S., Asia, Latin America and Europe.
The statements contained herein may include statements of future expectations and other forward-looking statements that are 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. In addition to statements which are forward-looking by reason of context, the words "may," "will," "should," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "potential," or "continue" and similar expressions identify forward-looking statements.