JLL Arranges $40.9M Acquisition Financing for Allura Las Colinas Multifamily Asset in Irving, Texas
JLL has arranged $40.869 million in acquisition financing for Allura Las Colinas, a 288-unit multifamily property located in Irving, Texas, the firm announced June 9, 2026.
JLL represented the borrower, Brixton Capital, in securing the non-recourse, fixed-rate loan through a life insurance company. The property is located at 6445 Love Dr. in Irving's Las Colinas submarket.
Property and Location Details
Built in 2003, Allura Las Colinas offers a mix of one-, two- and three-bedroom floor plans with upgraded kitchens, modern open-concept layouts, full-size washers and dryers, and private balconies. The property includes resort-style amenities such as a swimming pool with sun deck, a 24-hour fitness center, a clubhouse, a gated dog park, outdoor grilling stations, and 455 garage parking spaces.
The property sits at the convergence of State Highways 161 and 115, providing access to more than 22.3 million square feet of office space and 10 Fortune 500 headquarters in the Las Colinas corridor.
Deal Structure
The loan carries a non-recourse, fixed-rate structure and was placed through a life insurance company lender. Leverage level and loan term were not disclosed.
The JLL Capital Markets Debt Advisory team representing Brixton Capital was led by Senior Managing Directors Aldon Cole and Tony Nargi, Associate Jacob Michael, and Analyst Caden Cramer. Senior Managing Director Dustin Dulin served as the local market expert.
"There was very strong lender interest in this acquisition financing given the excellent sponsorship and continued confidence in the Dallas-Fort Worth multifamily market," said Nargi. "This property's location in the heart of Las Colinas's employment corridor positions it exceptionally well for long-term value creation."
Borrower Background and Property Management
Brixton Capital, established in 2012 as the opportunistic real estate investment platform of Brutten Global, manages approximately $2 billion in assets and has completed more than $4 billion in transactions across retail and multifamily properties. The firm has selected United Apartment Group — a Brixton affiliate managing approximately 33,000 units nationwide — to serve as property manager for Allura Las Colinas.
About the Firms
JLL (NYSE: JLL) is a global commercial real estate services and investment management company with annual revenue of $26.1 billion and operations in over 80 countries. JLL Capital Markets operates with more than 3,000 specialists in offices across nearly 50 countries, offering services including investment sales and advisory, debt advisory, equity and fund placement, and net lease advisory, among others.
Brixton Capital manages approximately $2 billion in assets across retail and multifamily properties and has completed more than $4 billion in transactions since its founding in 2012.