DLC, a leading open-air retail management company, has secured growth capital from Temerity Strategic Partners (TSP) in order to capitalize on market shifts and pursue strategic acquisitions. According to founder and CEO Adam Ifshin, DLC has a proven track record of success in buying properties at the bottom of market cycles when significant disruptions occur. With this new capital infusion, DLC plans to expand its assets by $2 billion through aggressive acquisition strategies.
Most recently, DLC completed the purchase of four open-air shopping centers across the United States for $100 million. In addition, earlier this year they acquired Brookside Center for $46.5 million – located just an hour outside New York City in Bridgeport, CT.
This latest development marks another milestone for DLC as they continue their mission to grow and strengthen their portfolio through strategic investments with TSP’s support.
