Founded in 1993, Davlyn Investments is a prominent real estate operating company that specializes in the acquisition, renovation, repositioning, management and sale of multifamily, office and condominium conversion projects throughout California.
The Founder and CEO of Davlyn Investments is Jon D. Williams. Since Davlyn’s formation in 1993, Mr. Williams has dedicated himself solely to the acquisition, renovation, management and sale of apartment communities and office projects in Southern California. To date, he has acquired and sold in excess of $1 billion in commercial real estate. Mr. Williams is ultimately responsible for all property management, property renovation, legal and accounting functions undertaken by the firm.
Prior to Davlyn’s inception, Mr. Williams was employed from 1989 to 1992 as an Acquisitions Officer with Kleege Enterprises, a Southern California syndicator of apartment projects. In that position Mr. Williams’ responsibilities included feasibility analysis and market studies, as well as the placement of debt financing. In 1992, just before the formation of Davlyn, Mr. Williams was a commercial real estate broker where he represented buyers of land and apartment communities in San Diego County.
Mr. Williams earned a Bachelor of Arts degree in Economics from San Diego State University and is also licensed in the state of California as a General Contractor and Real Estate Broker. Mr. Williams serves on the Executive Board of Directors for the National Multi Housing Council in Washington, DC.
All acquisition, underwriting and capital market functions for Davlyn Investments are headed by Paul Kerr. Since his association with Davlyn in January 1998, Mr. Kerr has identified, underwritten, secured lending and placed equity for the acquisition of over 6,200 apartment units and six commercial office buildings with a total consideration in excess of $830 million.
Prior to joining Davlyn, Mr. Kerr was an Acquisitions Officer with Fairfield Residential, one of the nation’s largest developers of multifamily communities. During his tenure with the firm, Mr. Kerr was responsible for identifying, underwriting and closing on the acquisition of over 1,200 units. In addition to Northern and Southern California, Mr. Kerr’s areas of responsibility at Fairfield included Washington, Oregon, Nevada, and Arizona.
Prior to joining Fairfield, Mr. Kerr was engaged as a commercial real estate appraiser with the Andrew A. Smith Company. In this capacity, Mr. Kerr was responsible for the generation of narrative appraisal reports and valuations for a wide variety of multifamily, office, industrial, retail and single-family subdivision projects throughout Southern California.
Mr. Kerr holds a Bachelor of Arts degree in Economics with a Minor in Real Estate from San Diego State University. He is a licensed California Real Estate Broker and was formerly a licensed California General Commercial Appraiser. In addition, Mr. Kerr is a member of the Executive Board of Directors for the National Multi Housing Council.
Mr. Dirkes is responsible for the financial and accounting functions of Davlyn Investments, including financial reporting, analysis of asset performance, and managing debt and equity capitalization. In addition, his position oversees insurance and risk management, and coordinates with outside CPA firms in the preparation of both partnership tax returns and audits.
Prior to joining Davlyn, Mr. Dirkes was Senior Vice President and senior financial officer at Terramar Retail Centers, LLC (fka GMS Realty, LLC); a private real estate operating company based in San Diego, California backed by a $750 million capital commitment from a state pension fund. At Terramar, he was responsible for all financial aspects of the company’s operations including accounting and reporting operations, implementation of its capitalization strategy, analysis of potential investments and the performance of its current portfolio.
During his more than 15 year tenure with Terramar, Mr. Dirkes handled over $500M in assets and company level financing transactions with major banking institutions, life insurance companies and other various lenders. In addition, he participated in more than 60 property acquisition and disposition transactions, valued at more than $1B.