PORTLAND, OR—Aukum Management LLC has purchased the Canyon Creek Apartments complex in Wilsonville, OR, for $49.5 million from an unnamed private investor. Located at 26310 SW Canyon Creek Road, the 372-unit complex sits on 29.8 acres and is within close proximity to a major highway and commuter rail line. The property's units average 858 square feet and are 95% occupied. Onsite amenities include a swimming pool, hot tub, fitness center, playground, club house and business center.

SALES

SALT LAKE CITY—TruAmerica Multifamily has entered the Utah market with the purchase of a 315-unit multifamily complex, Crossing at Daybreak, from Western National Properties. TruAmerica plans to invest $1 million into the property to lightly renovate the interior units and add in-unit Wifi as well as property amenities including a dog wash station and upgraded landscaping.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.