Tuesday, November 5, 2019

New Lehigh Valley Apartment Development Slated to Open in 2021

DLP Capital Partners, under its parent company DLP Real Estate Capital, secured $23 million in financing for the development of Dream Lehigh Valley, a proposed apartment complex in Wind Gap, Pennsylvania.

Plans for the 200-unit complex include a mix of one-, two- and three-bedroom units averaging 1,210 square feet in nine garden-style buildings. The property will also include a two-story clubhouse with lounge, game room, fitness center and pool, as well as a nature trail and pond.

The site spans 23 acres along East West Street within one mile of PA Route 33, a roadway that directly connects with Interstates 80, 78 and PA Route 22.

The project is slated to be completed in 2021.

DLP Real Estate Capital has more than $800 million in assets under management and has closed over 12,000 real estate transactions totaling more than $2 billion, according to its website.
www.omegare.com

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