For Release Time
2/21/24
Media Contact: Stephen Karbelk, DSP, 571-481-1037
DSP Real Estate Capital acquires West Wind Townhomes, a Newly
Constructed Build-To-Rent Community
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Ashburn, VA— February 21, 2024 — Multifamily Owner and Operator DSP Real Estate Capital LLC is pleased to announce the acquisition of West Wind, a premier 95-unit townhome Build-To-Rent community located at 113 Holt Court, Stephens City, Virginia.
Constructed in 2023, West Wind offers modern living spaces equipped with smart-home technology, stainless-steel appliances, granite countertops, and hard surface flooring on each level. Situated in Stephens City, residents enjoy proximity to shopping, dining, and essential amenities, with easy access to Winchester and major employment centers in northern Virginia.
Purna Dokku, Managing Partner of DSP, expressed enthusiasm about the acquisition, stating, “DSP looks forward to managing this community and maintaining the exceptional living experience enjoyed by all residents.”
Co-Founding partner, Stephen Karbelk, echoed Dokku’s sentiments, emphasizing DSP’s commitment to providing quality housing with the flexibility of renting. “West Wind provides a high-quality housing option for individuals and families that prefer to rent but what to enjoy the latest finishes and upgraded amenities that a brand-new community offers.” With this acquisition, DSP's multifamily assets in Virginia and South Carolina now exceed $150 million, solidifying its position as a rapidly growing real estate investment firm.
Darius Saeidi, co-founding partner, emphasized the company's dedication to being responsible stewards of West Wind, ensuring a high-quality living environment for years to come. “Now that West Wind is part of our growing portfolio of multifamily properties, and our first acquisition in the Build-to-Rent vertical market, we’ll turn our attention to our next acquisition that’s closing on March 27, 2024. We continue to offer our accredited investors
access to high-quality multifamily properties that generate consistent rental income and meaningful personal tax benefits.”
To learn more about DSP Real Estate Capital and their latest investments,
Contact
Purna Dokku,
Managing Partner,
571-435-7675
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Darius Saeidi,
Partner,
703-505-7585
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Stephen Karbelk,
Partner, 571-481-1037
stephen@dsprecapital.com
Bisnow Highlights DSP Real Estate Capital's Acquisition of 434 Unit Multifamily Portfolio in Columbia, South Carolina
Ashburn, VA — July 19, 2023: Bisnow, a renowned news platform covering real estate and property-related developments, has recently featured a notable article on DSP Real Estate Capital, LLC's successful acquisition of a 434-unit multifamily portfolio in Columbia, South Carolina. The acquisition was completed at the end of June 2023 and marks another significant milestone for DSP Real Estate Capital's expansion efforts in the thriving South Carolina market.