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REDLANDS, CALIF. — Colliers International has presided over the $11.625 million sale of the 82-unit Cypress Villas, located at 301 E. Cypress Ave. in Redlands. Built in 2004 and 100 percent occupied at the time of sale, the 89,248-square-foot garden-style multifamily property features a mix of one-, two- and three-bedroom apartments. Colliers’ Kitty Wallace represented both the Walnut Creek, Calif.-based buyer, Sequoia Equities, and the seller, MJW Receivers, in the transaction.