IRVINE, CA – The Bascom Group, has acquired Hillside Terrace, a 32-unit apartment community located at 322 Hillside Terrace, Vista, California for $6,200,000 or $193,750 per unit or $228.00 per square foot. Olga Alworth with Meridian Capital arranged the debt financing and San Diego Private Bank provided the new loan. This was an off-market transaction with Rita Lancaster-Hannah with ACRE representing Bascom.
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December 18, 2024