West

Davlyn Investments Pays $95M for Sacramento-Area Property

The 273-unit Class A community last traded almost a decade ago, when it commanded $40.5 million.

Western Wealth Capital Pays $54M for Phoenix Asset

Tides Equities sold the 316-unit, 18-building community north of downtown, after purchasing it in 2019.

CBRE Brokers $63M Suburban Phoenix Sale

Tyler Anderson, Sean Cunningham, Asher Gunter, Matt Pesch and Mark McFate assisted the seller of the 240-unit property.

Showcasing Hotel-Style Amenities in Los Angeles

Evolve South Bay, a new, 300-unit apartment property in Carson, Calif., includes a coworking center, a high-end lounge and other hospitality-inspired features.

Trion Properties Pays $18M for Sacramento Community

Walker and Dunlop acted as equity partner, while Capital One originated a Freddie Mac acquisition loan of $14.2 million.

Security Properties, Rockwood Acquire 938-Unit Portfolio

The partnership purchased three assets in Oregon and Colorado.

SummerHill Pays $81M for San Jose Community

The buyer will raze the existing buildings to develop 115 for-sale rowhouses at the site, using $70.4 million in construction financing.

Transwestern, Trammell Crow Sell Denver Community

JLL Capital Markets represented the sellers in the disposition of the 164-unit Alexan Cherry Creek.

Facebook Commits $150M to Bay Area Affordable Housing

The company is targeting 2026 to complete distribution of the fund, which is expected to support the creation of at least 2,000 affordable units.

MG Properties Group Pays $191M for Seattle-Area Community

The 451-unit Class A apartment building in Bellevue, Wash., was completed in 2015.