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Bascom Group Ends Year With $40.5 Million Off-Market Acquisition of 200-Unit Sun Chase Apartment Community in Las Vegas

LAS VEGAS, NV - The Bascom Group has acquired a 1984/1985 built, 200-unit multifamily property in Las Vegas, Nevada. Bascom acquired Sun Chase in an off-market transaction, purchasing the 200-unit garden style property for $40,500,000 or $202,500 per unit. Annie Rice and Jamie Kline with JLL Capital Markets sourced the loan from ACRE Credit Apartment Management Consultants will provide property management services and SD CAP will provide construction management. The acquisition was overseen for. ....

United States , Las Vegas , Jamie Kline , Paul Zakhary , Scott Mcclave , Tom Gilfillan , Hughes Center , Bascom Group , Sun Chase , Apartment Management Consultants , Senior Principal , Acquisitions Manager , Las Vegas Strip , Las Vegas Medical District , Apartment Real Estate Multifamily ,