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Bascom Group Completes $68.5 Million Acquisition of 320-Unit Enclave at Lake Ellenor Apartment Community in Orlando, Florida - Vimarsana News

Bascom Group Completes $68.5 Million Acquisition of 320-Unit Enclave at Lake Ellenor Apartment Community in Orlando, Florida

ORLANDO, FL - The Bascom Group has acquired a 320-unit apartment community within the Orlando MSA in Florida. The property, Enclave at Lake Ellenor, was acquired for $68,500,000 or $214,06 per unit through a partnership with East Hill Capital's Duff Bedrosian and Leste Group, a Miami based investment manager. Enclave is the second property acquired by Bascom in partnership with East Hill Capital and Leste Group. Starwood Property Trust provided the debt financing for the acquisition and was...

Bascom Group Ends Year With $40.5 Million Off-Market Acquisition of 200-Unit Sun Chase Apartment Community in Las Vegas - Vimarsana News

Bascom Group Ends Year With $40.5 Million Off-Market Acquisition of 200-Unit Sun Chase Apartment Community in Las Vegas

LAS VEGAS, NV - The Bascom Group has acquired a 1984/1985 built, 200-unit multifamily property in Las Vegas, Nevada. Bascom acquired Sun Chase in an off-market transaction, purchasing the 200-unit garden style property for $40,500,000 or $202,500 per unit. Annie Rice and Jamie Kline with JLL Capital Markets sourced the loan from ACRE Credit Apartment Management Consultants will provide property management services and SD CAP will provide construction management. The acquisition was overseen for...

Village Partners Acquires Mixed-Use Multifamily Development Site in Montclair, California With Plans to Commence Construction - Vimarsana News

Village Partners Acquires Mixed-Use Multifamily Development Site in Montclair, California With Plans to Commence Construction

/PRNewswire/ -- A joint venture between Village Partners Ventures, LLC ("Village Partners") of Newport Beach, California and The Bascom Group, LLC ("Bascom")...

Bascom Group Continues Texas Acquisition Spree With Two Multifamily Communities Totaling 602-Units in Houston Submarkets - Vimarsana News

Bascom Group Continues Texas Acquisition Spree With Two Multifamily Communities Totaling 602-Units in Houston Submarkets

HOUSTON, TX - The Bascom Group has continued their acquisition spree in Texas acquiring two more apartment communities totaling 602 units. The Spencer Park Row is 390 units located near Katy in west Houston. Tranquility Lakeside is 212 units located in the city of Pearland. These acquisitions mark Bascom's 38th multifamily property closed in Texas. Clint Duncan and Matt Phillips of CBRE represented the seller in the transaction. Oaktree Real Estate Debt Fund III, LLC provided the debt...

Bascom Group Ends 2021 with a 200-Unit Las Vegas Acquisition for $40.5 Million - Vimarsana News

Bascom Group Ends 2021 with a 200-Unit Las Vegas Acquisition for $40.5 Million

/PRNewswire/ -- The Bascom Group, LLC ("Bascom") has acquired a 1984/1985 built, 200-unit multifamily property in Las Vegas, Nevada. Bascom acquired Sun Chase...