Published on November 30, 2020
JLL announced today that it has closed the $34.1 million sale of Terra Murrayhill, a 137-unit, garden-style apartment community located in Beaverton, Oregon. JLL marketed the property on behalf of the seller, a West Coast-based investor, and procured the buyer, DB Capital Management. Terra Murrayhill is located near major tech employers within what is known locally […]
Published on November 5, 2020
DB Capital Management has acquired Red Owl Apartments, a 46-unit community in Denver, for $16.2 million. The transaction marks the firm’s entry into the market. According to public records, the buyer financed the deal with a $10.5 million acquisition loan. Located at 90 S. Logan St. in West Wash Park, a large residential neighborhood, Red […]
Published on November 4, 2020
A $16.2 million apartment purchase in West Washington Park is just the beginning for a multifamily investment firm with an aggressive growth target for the Denver metro. Brennen Degner, co-founder and CEO of Playa Vista, California-based DB Capital Management, said his firm aims to own 1,000 apartment units in the Denver area by the end […]
Published on June 1, 2020
Brennen Degner, 29 D & B Capital Partners and Arrowroot Real Estate in Santa Monica are real estate-focused private equity groups, while D & B Properties provides property and construction management services. Employees: 10 Financials: $50 million-plus in assets under management. Targeting $350 million assets under management in 18 to 24 months through various capital commitments recently received. […]
Published on April 1, 2020
Multifamily investment firm DB Capital Management has closed the acquisition of Red Owl Apartments, a 46-unit community in Denver, CO for $16.2 million, marking the firm’s entry into the Denver market. DB Capital Management plans to aggressively target multifamily acquisitions in Denver as it continually ranks as one of the best places to live in the […]
Published on February 18, 2020
SOUTH SALT LAKE CITY, UTAH — Playa Vista, Calif.-based DB Capital Management has acquired a two-property multifamily portfolio in South Salt Lake City for an undisclosed price in an off-market transaction. The properties are Haven Gardens, built in 1961, and Hidden Chalet, built in 1976. The buyer plans to spend approximately $24,000 per unit in […]