SAN JOSE — An apartment hub in San Jose’s Willow Glen district has been bought in a deal that runs counter to the pattern of a growing number of instances of weaker values for multifamily residential properties.

Calvera Partners, acting through an affiliate, paid $26 million for an 88-unit complex known as The Glens Apartments at 1514, 1515 and 1533 Alta Glen Dr., according to documents filed on Sept. 4 with the Santa Clara County Recorder’s Office.

The purchase price was 44% above the property’s value of $18 million as of January, according to the Santa Clara County Recorder’s Office.

The residential property was bought for a per-unit price of roughly $295,500.

This per-unit metric was considerably lower than some recent prices paid for apartment properties, including the $370 million

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