FONTANA, CA – The Bascom Group has acquired Laurel Tree, a 36-unit apartment community located at 17923 Arrow Boulevard, Fontana, California for $5,250,000. The sale represents a price of $145,833 per unit or $160.71 per square foot. Marcus & Millichap represented both the buyer and seller in the transaction. Manufacturer’s Bank provided the new loan. James D’Argenio sourced and managed the transaction for Bascom.