Delavaco Residential Properties Corp. Secures Mortgage Financing

Delavaco Residential Properties Corp. ("Delavaco" or "the Company") (TSX
VENTURE: DVO.U) (OTCQX: DELAF) announced today the company has secured financing
through FirstKey Lending, LLC, on 120 unencumbered homes in Dekalb, Fulton and
Clayton counties in the state of Georgia. The USD $4 million loan is offered at
a highly competitive, fixed rate and has a maturity date of July 1, 2019. 


"This financing comes at a great time for the company and will allow us to move
forward on business initiatives," commented Andrew DeFrancesco, Chief Executive
Officer. "Perhaps more importantly, we have established a new relationship with
a lender in the U.S. with deep roots in this type of financing and a thorough
understanding of our business." 


About Delavaco Residential Properties Corp. 

Delavaco Residential Properties Corp. was formed on January 27, 2011 to take
advantage of the U.S. housing crisis with the goal of significant capital
appreciation through the recovery of the housing sector. Now a public company,
Delavaco has its shares listed for trading on the TSX Venture Exchange and the
OTCQX marketplace in the U.S. Delavaco is focused on the ownership and
management of single and multi-family residential properties located principally
in the south-eastern United States. Delavaco's real estate portfolio consists of
525 single-family homes in Florida, 298 single-family homes in Georgia, 311
multi-family units in Florida and Texas and 96 multi-family units in New Jersey.
Delavaco also manages a 316 multi-family unit portfolio in Hollywood Florida.
Delavaco's acquisition strategy involves the identification and purchase of
under-valued residential properties located in highly populated and dynamic
urban centers within the lower to middle income demographic sector with tenants
who qualify for government funding under the United States rental voucher
assisted program. Delavaco's security holders include some of the leading
Canadian institutional investors and real estate holding companies. 


About FirstKey 

FirstKey offers a full suite of specialty real estate financing products and
loan servicing solutions to customers across the United States. Backed by
Cerberus Capital Management, L.P., one of the world's leading private investment
firms, FirstKey provides loans of $100,000 to $500 million across a variety of
products tailored to both residential and commercial borrowers, including owners
of one- to four-family residential rental properties. Through a team of
professionals with decades of experience at leading financial institutions,
FirstKey has the strength and stability to provide a wide range of real estate
financing products for all sectors of the industry. For more information about
FirstKey, please visit http://www.firstkeyholdings.com/. 


Additional information about Delavaco Residential Properties Corp. is available
at www.delavacoproperties.com or www.sedar.com. 



FOR FURTHER INFORMATION PLEASE CONTACT: 

For more information please contact:
Lisa-Marie Iannitelli
Director of Investor Relations & Business Development
Delavaco Residential Properties Corp.
The Exchange Tower
130 King Street West, Suite 2210
Toronto, ON M5X 1A9
Phone: [phone] 
E-mail: [e-mail]