Retail's Latest Lifeline? Equity.
More funds are pouring into the brick-and-mortar space as it rebounds from the financial depths of COVID-19.
Source: commercialobserver.com
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Davlyn Investments Completes $77 Million Acquisition of 312-Unit Sonata Apartment Community in North Las Vegas Market
SAN DIEGO, CA - Davlyn Investments, a prominent California-based, multi-family investment firm, recently closed escrow on the $77,000,000 purchase of Sonata, a 312-unit, Class A, multi-family community in North Las Vegas, Nevada that was constructed in 2009. This marks Davlyn’s first acquisition in Las Vegas. Debt was arranged through Eric Flyckt of Northmarq Capital. Aaron Pacillio, Davlyn’s Chief Investment Officer, described the investment as follows, “Sonata presented an...
Source: multifamilybiz.com
Davlyn Investments acquires third Phoenix apartment community
Davlyn Investments closed escrow on the $112.5 million purchase of The Boulevard, a 294-unit, luxury, multifamily community in Phoenix, Arizona.
Source: yieldpro.com