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...

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