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The Axton Group and The Bascom Group Announce the Sale of 'Park at Penrose' and 'Park at Palmer' Multifamily Communities

The Axton Group and The Bascom Group Announce the Sale of 'Park at Penrose' and 'Park at Palmer' Multifamily Communities
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The Bascom Group Acquires 230-Unit Avenida Lakewood Active Adult Apartment Community in West Denver Submarket of Lakewood

IRVINE, CA - The Bascom Group in partnership with Artemis Real Estate Partners has acquired Avenida Lakewood, a 230-unit Active Adult (55+) apartment community located at 11001 West 15th Place in Lakewood, Colorado. The Class A property marks Bascom s 36th multifamily acquisition in Colorado. Ryan Maconachy and Courtney Crowder at Newmark brokered the transaction. Brian Eisendrath, Cameron Chalfant, Jesse Zarouk, and Jake Vitta of IPA arranged the debt financing for the acquisition from. ....

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MG Properties Completes $81 Million Acquisition of 312-Unit Tribeca North Apartment Community in North Las Vegas

LAS VEGAS, NV - MG Properties, a private San Diego-based real estate investor, owner, and operator, is further expanding their presence in the Las Vegas metro with the acquisition of Tribeca North Apartment Homes. This is the first acquisition of 2023 for MG Properties after acquiring 18 properties in 2022 totaling nearly $2 billion.
This 312-unit community offers luxury low-density apartments with an attractive design, resort-style amenities, and functional floorplans with available garages.. ....

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