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Process to shut down Charter School run by local YMCA has begun

Process to shut down Charter School run by local YMCA has begun
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School district could shutter Singleton Charter over $1 million owed by Dryades YMCA

The school district wrote a letter Monday saying the YMCA had until Thursday to provide the requested financial records or it could have the school’s charter revoked ....

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Viewpoint: Dryades YMCA needs a makeover and new funding sources

Viewpoint: Dryades YMCA needs a makeover and new funding sources
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Bascom Group Continues Arizona Acquisition Spree with 196-Unit Apartment Community in Tucson Metro for $11.6 Million

Bascom Group Continues Arizona Acquisition Spree with 196-Unit Apartment Community in Tucson Metro for $11.6 Million
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Bascom Group Continues Arizona Acquisition Spree, Acquires 196-Unit Apartment Community in Tucson Metro for $11.6 Million

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IRVINE, Calif., April 16, 2021 /PRNewswire/ The Bascom Group, LLC ( Bascom ) has acquired Sierra Charles Apartments ( Sierra Charles ) in the Tucson metro area. Bascom purchased Sierra Charles, a 196-unit garden-style community built in 1985, for $11,600,000, or $59,164 per unit. Financing for the acquisition was provided by MF1 Capital and was arranged by Brian Eisendrath and Cameron Chalfant at CBRE Capital Markets. Property management will be provided by MEB Management Services and construction management will be provided by CAPgro Construction Management.
Sierra Charles Apartments
Bascom s Senior Vice President and Principal of Acquisitions, Jim Singleton, stated Sierra Charles is a well located, well-maintained asset in a quiet neighborhood with access to entertainment, shopping, dining, and major employment centers. The attractive going in yield at the property coupled with favorable financing and value-add oppo ....

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