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DLP Real Estate Capital CEO Don Wenner Launches Book Titled Building An Elite Organization
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Real estate company agrees to buy Sunnyside Bancorp in New York
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A real estate company in South Florida has
agreed to buy Sunnyside Bancorp in Irvington, N.Y.
DLP Real Estate Capital said that DLP
Bancshares, an affiliate based in St. Augustine, Fla., would pay about $12.3
million in cash for the parent of the $96.6 million-asset Sunnyside Federal
Savings and Loan Association of Irvington. The deal is expected to close in the
fourth quarter.
Under the terms of the agreement, shareholders of Sunnyside Bancorp will receive $15.55 in cash per share, subject to adjustment as provided in the merger agreement. This transaction is subject to regulatory approval and approval by the Westchester bank’s shareholders. Upon closing, Fred Reinhardt will take the reins as President and CEO of Sunnyside Federal.
Fast-growing real estate firm founded by Nazareth Area High grad is buying a New York community bank
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Press release content from Newswire. The AP news staff was not involved in its creation.
DLP Real Estate Capital Announces - Luxurious Class a Multifamily Portfolio Acquisition of 560 Apartment Units in Kentucky
March 16, 2021 GMT
ST. AUGUSTINE, Fla. - March 16, 2021 - ( Newswire.com )
DLP Real Estate Capital announced its acquisition of the Chandler Park portfolio, a multifamily property portfolio, consisting of two communities in Owensboro and Paducah, Kentucky. This 560-unit portfolio is comprised of 1 bedroom, 2 bedroom, and 3 bedroom units and marks the companies’ first footprint in the Bluegrass State.
Don Wenner, Founder and CEO of DLP Real Estate Capital commented, “We are thrilled to not only make our mark in Kentucky, but more importantly, we’re excited to have an impact on hardworking individuals and their families by providing affordable homes in safe communities. Chandler Park offers higher luxury at affordable pricing.”