Brixton Capital acquired Allura Las Colinas, a 2003-built, 288-unit apartment community in the Las Colinas master-planned submarket within the Dallas-Fort Worth MSA.
The off-market transaction represents a compelling entry into one of North Dallas’ most dynamic and supply-constrained employment hubs. With more than 2,000 companies and nine Fortune 500 headquarters, Las Colinas is one of DFW’s strongest job centers.
Major employers include Citi, Microsoft, Wells Fargo, Fluor, McKesson, Caterpillar and Kimberly-Clark. In late 2025, Wells Fargo opened a new 850,000 square foot regional headquarters campus just 1.5 miles from the property, bringing 4,500 employees to the area with plans for further expansion.
Brixton plans to invest in targeted capital improvements to elevate the property to core-plus standards, driving revenue growth through amenity revitalization, common area enhancements and thoughtful interior upgrades.
Strategically positioned just one block from Whole Foods Market and minutes from Medical City Las Colinas, the property delivers unmatched convenience with premium retail and top-tier healthcare services right at the residents’ doorstep.
Toro and Novak represented the seller, while Brixton represented itself in this transaction.
The property will be managed by Brixton’s affiliate, United Apartment Group (UAG), which oversees approximately 33,000 units nationwide with deep expertise in the Texas market.
Tony Nargi and Aldon Cole with JLL Capital Markets secured the financing on behalf of Brixton.
