FRESNO, CA - The Bascom Group has continued their multifamily acquisition spree by acquiring two more apartment communities in the Central Valley. Casa de Luna Apartments and Casa del Sol Apartments are located in Fresno, California, and mark Bascom s 25th multifamily acquisition in the Central Valley and 130th in California. Bascom purchased the 236-unit portfolio for $44,500,000, or $188,559 per unit.
California Bank & Trust provided the debt financing for the acquisition and was.
HOUSTON, TX - Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Windwater at Windmill Lakes, a 150-unit multifamily community located in the Hobby submarket of Houston, Texas.
Cushman & Wakefield’s John Carr and Ben Fuller represented the seller, Southern Breeze LLC (an organization led by Ronald and Sylvia Reine), in the transaction. The Equity, Debt & Structured Finance team at Cushman & Wakefield also arranged.
ORLANDO, FL - The Bascom Group, in partnership with Leste Group and East Hill Capital Partners, has acquired their third deal together, a 448-unit garden style apartment community in Orlando, Florida. The Chatham Square acquisition brings the Partnership s total investment into Florida over the past year to over $330,000,000 and 1,200 units.
Accounts managed by KKR provided the debt financing for the acquisition, and Dustin Stolly, Daniel Matz, and Daniel Morin of Newmark arranged the.
BRT s Dropping $69M on Texas Complex therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.
HOUSTON, TX - The Bascom Group has continued their acquisition run in Texas acquiring a 150-unit apartment community in Houston, marking their fourth Houston acquisition in nearly 12 months. Windwater at Windmill Lakes is a 150-unit community, built in 1999 and located in the southeast Houston submarket. The acquisition marks Bascom s 39th multifamily property closed in Texas.
John Carr with Cushman & Wakefield represented the seller in the transaction. Huntington National Bank provided.