The Bascom Group, LLC.

Leste Group, Bascom Group & East Hill Capital Partners Expand Partnership and Presence in Florida with 448-Unit Multifamily Acquisition

IRVINE, Calif.May 2, 2022 /PRNewswire/ — The Bascom Group, LLC (“Bascom“), 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 StollyDaniel Matz, and Daniel Morin of Newmark arranged the financing. The Newmark investment sales team of Scott RameyBrad DowningRyan Moody, and Paul Grant brokered the transaction. SD-Cap will provide renovation management and Cushman and Wakefield will provide the property management.

 

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