Brixton Capital has secured $40.869 million in acquisition financing for Allura Las Colinas, a 288-unit multifamily property in Irving, Texas.
Allura Las Colinas, located at 6445 Love Drive in Irving’s Las Colinas submarket, offers residents direct access to one of North Texas’ premier employment centers. The property is positioned at the convergence of State Highways 161 and 115, providing immediate access to more than 22.3 million square feet of office space and 10 Fortune 500 headquarters.
The mid-rise community, built in 2003, features a mix of one-, two- and three-bedroom floorplans, with upgraded kitchens, modern open-concept floor plans, full-size washers and dryers and private balconies. Allura Las Colinas offers residents resort-style amenities, including a swimming pool with sun deck, 24-hour fitness center, clubhouse, gated dog park, outdoor grilling stations and 455 garage parking spaces.
JLL represented the borrower in securing the non-recourse,
