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Bascom Group Expands Presence in San Diego Area with Acquisition 80-Unit Echo Pointe Apartment Community in La Mesa, California

IRVINE, CA - The Bascom Group has acquired an 80-unit multifamily community within the broader San Diego market. The property, Echo Pointe Apartments, consists of large, two- and three-bedroom floorplans across 20 fourplex buildings in centrally-located La Mesa, California. Bascom purchased the 80-unit property for $26,800,000, or $355,000 per unit. Brightspire Capital (fka Colony Capital) provided the debt financing for the acquisition and was arranged by Brian Eisendrath, Cameron Chalfant,.

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