IRVINE, CA - The Bascom Group has acquired an 80-unit multifamily community within the broader San Diego market. The property, Echo Pointe Apartments, consists of large, two- and three-bedroom floorplans across 20 fourplex buildings in centrally-located La Mesa, California. Bascom purchased the 80-unit property for $26,800,000, or $355,000 per unit. Brightspire Capital (fka Colony Capital) provided the debt financing for the acquisition and was arranged by Brian Eisendrath, Cameron Chalfant,.
/PRNewswire/ The Bascom Group, LLC ("Bascom") has acquired an 80-unit multifamily community within the broader San Diego market. The property, Echo Pointe.