DENVER, CO - An affiliate of Oberndorf Real Estate Management (OBREM) and The Bascom Group, announced they have closed on the acquisition of the 360-unit Hearthstone at City Center, located at 932 South Helena Way in vibrant Aurora, Colorado, for $74 million.
Hearthstone marks Bascom s fourth acquisition of 2024 and comes shortly after the recent acquisitions of The Overlook, a 344-unit garden style multifamily property located in Albuquerque, New Mexico and Texan26, a 204-bed student housing.
Bascom, based in Irvine, bought the Hearthstone at City Center, along with an affiliate of San Francisco-based investment manager Oberndorf Real Estate Management LP.
An Affiliate of Oberndorf Real Estate Management and The Bascom Group Acquire Multifamily Community 'Hearthstone at City Center' in Aurora, Colorado, for $74 Million streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.