News - dbcapital

Newmark announces sale of 408-unit, value-add multifamily community in Northeast San Antonio

Published on June 16, 2022

Source: yieldpro.com Newmark announces the sale of ReNew at TPC, a 408-unit, value-add multifamily asset located in northeast San Antonio, Texas. The property traded from FPA Multifamily—a San Francisco-headquartered, privately held multifamily investment firm—to DB Capital Management, a private multifamily investment firm based in Playa Vista, California. Newmark Vice Chairman Patton Jones, Senior Managing Director […]

DB Capital acquires 71-unit apartment community in Salt Lake City

Published on March 31, 2022

Source: utahbusiness.com Salt Lake City — Multifamily investment firm DB Capital Management (“DB Capital”) continues to expand its Utah presence with the acquisition of Marmalade Hill, a 71-unit apartment complex in downtown Salt Lake City for $18.6 million. Located less than a block from US 89 and a mile from Interstate 15, the Marmalade Hill […]

Legacy Capital Partners and DB Capital Management acquire San Antonio apartment community

Published on December 30, 2021

Source: prnewswire.com Legacy Capital Partners (“Legacy”), a Cleveland, OH-based national real estate investment firm and DB Capital Management (“DB”), a Los Angeles, CA-based real estate owner and operator, have acquired Summit at Salado Creek, a 1997-vintage, 352-unit apartment community in San Antonio, TX (“Salado Creek”). Legacy and DB acquired Salado Creek as part of their value-add strategy and […]

DB Capital to Expand Out of State Citing ‘Additional Risk’ of Investing in California

Published on December 30, 2021

Source: labusinessjournal.com Playa Vista-based real estate investment firm DB Capital Management is increasing its attention outside of California, lining up deals in other states where it views the risk as lower. The company is on track to close $100 million worth of deals this quarter and expects to have $100 million worth of exits. As […]

DB Capital buys Utah multifamily property

Published on December 30, 2021

Source: pehub.com DB Capital has acquired Layton, Utah-based Twin Trees Apartments, a multifamily community. No financial terms were disclosed. Multifamily Investment firm DB Capital Management added to its growing footprint in Utah with its acquisition of Twin Trees Apartments, a 43-unit multifamily community located in Layton, UT, approximately 20 minutes north of Downtown Salt Lake […]

DB Capital acquires 88-unit apartment community

Published on July 19, 2021

Source: utahbusiness.com Salt Lake City — Multifamily investment firm DB Capital Management (“DB Capital”) continues its investment activities in Utah with the acquisition of Spring Hollow, an 88-unit apartment complex in Millcreek, UT, an affluent suburb of Salt Lake City. The acquisition of Spring Hollow caps approximately $100 million of transaction activity for DB Capital in […]

DB Capital Adds to Denver Portfolio with $31M Acquisition of Aurora Apartment Complex

Published on July 19, 2021

Source: milehighcre.com DB Capital Management (“DB Cap”) has acquired Apex on the Highline (“Apex”), a 138-unit multifamily property in Aurora, for $31 million, according to a press release from the multifamily investment firm. DB Capital plans to substantially renovate the property, which was built in 1984, to make it more competitive with other properties in Aurora. The […]

DB Capital buys $31M apartment complex, aims to own 1,000 units in Denver area by 2022’s end

Published on July 19, 2021

The firm’s CEO, Brennen Degner, spoke with Denver Business Journal about the firm’s strategy in Denver, and the biggest challenge in the local market right now. Keep reading (source): https://www.bizjournals.com/ By James Rodriguez – Reporter, Denver Business Journal Jul 1, 2021, 5:01pm EDT

DB Capital Makes Largest Austin Deal To Date

Published on January 29, 2021

Multifamily investment firm DB Capital Management has made its largest investment in Austin to date, acquiring a three-property apartment portfolio totaling 422 units. The properties in North Austin were built between 1980 and 1984 and are located within a 1.5-mile radius from one another at 1200 Mearns Meadow, 1804 Rundberg Ln. and 1735 Rutland. Occupancy across the portfolio was […]

DB Capital Management Builds Austin, Texas Holdings With Acquisition Of 422-Unit Apartment Portfolio

Published on January 28, 2021

Multifamily investment firm DB Capital Management has made its largest investment in Austin, Texas with the acquisition of a three-property apartment portfolio totaling 422 units. The properties located in North Austin were built between 1980 and 1984 and range in size from 130 to 160 units. Each is located within a 1.5-mile radius from one another at […]