DJE Texas Management Group Acquires Hillside Canyon Apartments in San Antonio, Texas

Photo by Hillside Canyon Apartments

Office and Entrance of Hillside Canyon Apartments

SAN ANTONIO, June 1, 2023 (VSNewsNetwork.com) - DJE Texas Management Group (DJE), a leading real estate investment and management company based in San Antonio, Texas, has successfully closed on the acquisition of Hillside Canyon Apartments, expanding its multifamily portfolio.

Strategically located in the North-Central San Antonio submarket, Hillside Canyon Apartments consists of 114 units and is situated among DJE's other multifamily properties. DJE Properties, the company's in-house property management team, will oversee the asset and implement a value-add business plan, including comprehensive property renovations, operational enhancements, and a rebranding initiative.

With the addition of Hillside Canyon, DJE has now invested in more than 5,200 apartment units and has completed 18 multifamily acquisitions. This latest acquisition represents a significant milestone for the company, further solidifying its presence in the thriving commercial real estate investment market in Central Texas.

Devin Elder, Founder and CEO of DJE Texas Management Group, expressed his enthusiasm for the project and emphasized the dedication of his team in coordinating and directing all parties involved as the endeavor progresses.

"We are delighted to incorporate this exceptional property into our portfolio. The acquisition perfectly aligns with our growth strategy, and our strong foothold in the submarket will enhance the community and quality of life for residents while addressing the increasing demand for superior housing options in the city," stated Elder.

To learn more about DJE Texas Management Group and its latest acquisition, visit their website at djetexas.com.

Source: DJE Texas Management Group via Newswire