The Bascom Group

Bascom Closes 128-Unit Apartment Community in Fullerton, California for $20,400,000

IRVINE, Calif., March 5, 2012 /PRNewswire/ — The Bascom Group, LLC has acquired Veranda Apartment Homes, a 128-unit community located in Fullerton, California, for $20,400,000. Bascom worked with Troy Tegeler and Jeff Tong of CBRE to arrange the financing for the purchase. Brett Betzler of Moran & Co. represented the seller, Fifth Street Partners & Angelo Gordon, in the transaction.

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