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– DLP Real Estate Capital, a private financial services and real estate investment firm announced its acquisition of Vantage at Germantown, a multifamily 3-story garden-style property, located in Germantown, TN. This beautiful apartment community will provide a convenient and affordable rental housing option for many families to live and work within a ten-mile radius of a high-technology corridor. ” Vantage at Germantown was built in 2020 and is conveniently located only 15 minutes from downtown Memphis and within 10 miles of five of the city’s largest FedEx facilities. The property sits on  over 22 acres and includes a resort-style swimming pool with an outdoor cabana and fireplace, media lounge with internet cafe, clubhouse, 24-hour fitness studio, remote access gates, and a large/small breed ‘bark park.

Inc. (OTCBB: SNNY) announced today that it had entered into an agreement with DLP Bancshares, an affiliate of DLP Real Estate Capital, a private financial services and real estate investment firm, pursuant to which DLP Bancshares would acquire Sunnyside Bancorp and its subsidiary, Sunnyside Federal Savings and Loan Association of Irvington Don Wenner, DLP Real Estate Capital Founder and CEO, commented, “Acquiring a bank is a natural segue to broadening and enhancing the offering of products and services to our current and future DLP family of investors, partners, and customers. We are very enthusiastic about this partnership with DLP, which we believe will benefit our employees, customers and communities,” said Timothy D. Sullivan, President and CEO of Sunnyside Bancorp and Sunnyside Federal. Ballard Spahr LLP acted as legal advisor to DLP Bancshares and Luse Gorman, PC served as legal counsel to Sunnyside Bancorp and Sunnyside Federal.

– 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. Key economic drivers include transportation, manufacturing, and healthcare and the local economy is set to see exponential growth due to the City Block Project, a 3-acre multi use development in downtown Paducah. The one to three bedroom apartments have open floor plans, stainless steel appliances with granite countertops, and private patios and balconies, and are pet friendly.

– DLP Real Estate Capital announced its acquisition of the PROSPER Gulf Coast portfolio, a multifamily property portfolio, consisting of four communities along the gulf coasts of Mississippi and Alabama. PROSPER Orange Beach is a 300-unit multifamily complex located in Orange Beach, Alabama and is located on prime real estate, near premier attractions in a prominent development area of Baldwin County, the fastest growing county in Alabama and the 8th fastest growing county in the United States. PROSPER Orange Beach sits on 50 acres with 13 residential buildings that include a fitness center, lake with available fishing, pier with gazebo, boat storage availability, and resort pool with fountain. PROSPER Senatobia sits on 7 acres with 10 residential buildings that include a clubhouse, swimming pool with outdoor lounge, volleyball court, picnic area, and unparalleled resident events.