DP Partners, LLC (DP), is a real estate development company formed by Jason Dempsey and Marc Pellicciotta in late 2011 to bring together their combined 30 years of real estate development experience. Since its inception DP has executed project goals on numerous commercial transactions for a combined market value of over $500mm.
The success in execution can be attributed to the combined disciplines of Dempsey and Pellicciotta in all aspects of real estate, finance, construction and deal structuring. As a true middle market developer DP has consummated a variety of true value add opportunities. Such experience includes product development and acquisition of complex asset types such as industrial land development, notes and mortgages, multifamily, retail and office.
DP has acquired assets from a variety of seller types such as Liberty Property Trust, Saint Joseph’s University, Stabilis Capital (New York), The Banccorp and PNC Bank to name a few. DP is a firm with a singular focus of value creation. It executes on this focus by staying true to its fundamental principles by seeking out scarce, off market assets with high barriers to entry that can be acquired at very attractive levels, thereby bringing consistent solid returns to the firm and its investors.
In addition to the market relationships and successful transactions DP maintains strong relationships throughout the capital stack by utilizing traditional bank financing with both large cap and small cap lenders such as Key Bank, BB&T, Santander and WSFS. Capital References are available upon request.