Nick Stonestreet Joins DLP Capital as New President of Financial Services

DLP Capital, a private real estate investment and financial services firm, today announced Nick Stonestreet as its new President of Financial Services. With over 30 years of experience in the financial services industry, Stonestreet brings a wealth of knowledge and enhanced service delivery.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240509166495/en/

Nick Stonestreet joins DLP Capital as President of Financial Services (Photo: Business Wire)

Before joining DLP Capital, Stonestreet was the CEO, chief investment officer, and senior partner of Blue Trust, where he played a pivotal role in developing strategic initiatives and overseeing the management of the organization and its divisions. His prior roles also include founding and serving as CEO of Vident Financial, Regional Head of Private Wealth Management at Regions Financial, and holding various leadership positions at Merrill Lynch, including CEO of Merrill Banc Suisse, among others. Stonestreet began his distinguished career at Sun Trust Bank, setting a solid foundation for his trajectory in the financial services sector.

“I am thrilled to join DLP Capital and work alongside Don Wenner and the dynamic team here,” commented Stonestreet. “The mission and values of DLP Capital resonate deeply with my professional ethos and personal goals. I am eager to leverage my experience and help drive growth and success.”

At DLP Capital, Stonestreet will focus on working with the Funds Team to broaden the scope and accessibility of DLP Capital’s funds. Additionally, he will spearhead banking and financial services strategies to enhance the firm’s offerings and client experiences.

Don Wenner, founder and CEO of DLP Capital, expressed his enthusiasm about Stonestreet’s appointment, stating, “Nick’s vast experience and proven track record in the financial services industry make him an invaluable addition to our team. His strategic vision and leadership abilities will be key to achieving our ambitious goals.”

Nick Stonestreet earned a B.S. in Biology from Winthrop University and a Master’s degree in International Business Studies from the University of South Carolina.

About DLP Capital

DLP Capital is a private, diversified real estate investment firm. The firm’s core focus is on investing in, developing, and financing attainable housing for America’s workforces, including multifamily and single-family rental homes, along with related investments, including RV resorts, among other live-work-play communities aimed at enhancing the lives of working Americans. The firm’s portfolio is capitalized via a series of evergreen investment funds for accredited investors, each of which has provided superior year-over-year consistent returns since inception. With over $5.25 billion of assets under management, DLP Capital has been on the Inc. 5000 list of “Fastest Growing Private Companies in America” for 11 consecutive years. Through its exclusive membership platforms focused on wealth legacy and business scaling—including its proprietary Elite Execution System—DLP Capital empowers its clients and impacts lives while fulfilling a core mission of the firm: Doing well while doing good. DLP Capital is headquartered in St. Augustine, FL, with offices in Allentown, PA, and Asheville, NC. Visit DLPCapital.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240509166495/en/