1st Time Investor, Platte Canyon Capital, buys 268-unit San Antonio Rental Community, The Allure, from DJE

7/21/2025

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Connect CRE

• Subcategory: MF: Market Rate

• Tag: Sale

• Additional Filters-Subcategory: MF: Garden

• Additional Filters-Tags: Sale: Investment, Sale: Single Property

• Company: DJE Texas Management Group

Platte Canyon Capital (“PCC”), a newly formed multifamily investment firm, closed its first acquisition with the off-market purchase of Allure Apartments, a 268-unit community in San Antonio, TX. PCC will spend $4.7 million on a capital improvement program. The property was last renovated in 2017.