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900 SoCal Multifamily Units Up for Grabs

SAN DIEGO-Davlyn Investments tells GlobeSt.com that it expects the seven apartment communities to fetch north of $133 million and says that changes to the tax code are the reason for the sale.

By Natalie Dolce | Updated on April 18, 2012

SAN DIEGO-Locally based Davlyn Investments, a multifamily and commercial property investment firm, listed seven apartment communities for sale. The listing totals more than 900 units and all properties are located in Southern California.

According to the firm, the properties represent one of the largest California portfolio listings in recent years. Aaron Pacillion, director of acquisitions at the firm, tells GlobeSt.com that the portfolio should fetch north of $133 million.

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