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Active Adult Community Market (55+) Demonstrates Robust

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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