The Bascom Group

Bascom Arizona Closes 226-Unit Luxury Apartment Community in Prescott Valley, Arizona

PRESCOTT, Ariz., July 25, 2013 /PRNewswire/ — Bascom Arizona Ventures has acquired The Terraces at Glassford Hill Apartments, an off-market, 226-unit luxury community located in Prescott Valley, Arizona for $22.385M or $99,049 per unit. Bascom Arizona Ventures worked with Brian Eisendrath and Brandon Smith of CBRE to arrange the financing for the purchase. Steve Gebing and Cliff David from Marcus & Millichap represented the buyer and seller on this transaction.

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