DB’s Goal is Owning 1,000 San Antonio Units in 24 Months

Multifamily investment firm DB Capital Management has made its way into the San Antonio market with the acquisition of Salado Springs, a 352-unit multifamily community in the north/central part of the city. DB Capital plans to aggressively target multifamily acquisitions in San Antonio.

The Alamo city is third in population growth in the latest U.S. Census and one of the top-performing multifamily markets during the pandemic, according to Brennen Degner, DB Capital co-founder and CEO.

“We are targeting extensive investment in this market with a goal to own 1,000 units in the San Antonio metro in the next 24-months,” says Degner. “Salado Springs is an exceptional garden-style asset that we were able to acquire below replacement cost. We plan to increase value through hands-on property management and an ambitious renovation plan.”