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Japan’s Tokyu Land Acquires Apartments in California, Oregon

Buyer Anticipates Demand From Double-Income Households Without Children
The Henley Apartment Homes in Suisun City, California, sold for $70 million. (CoStar)
The Henley Apartment Homes in Suisun City, California, sold for $70 million. (CoStar)

Japanese development firm Tokyu Land has stepped up its U.S. expansion, acquiring two multifamily properties, its fourth and fifth purchases in the past 12 months.

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