Bascom Group Continues Las Vegas Acquisitions Tear With 93 Unit Single-Family Rental Portfolio
IRVINE, Calif., July 23, 2021 /PRNewswire/ — The Bascom Group, LLC (“Bascom”) has acquired a 93-unit Single-Family Rental community within a broader housing district in Las Vegas, Nevada. The property, Suncrest Townhomes, consists of zero lot-line paired single family homes in North Las Vegas. Bascom purchased the 93-unit single-family portfolio for $24,750,000 or $266,129 per unit. Rialto Capital Management provided the debt financing for the acquisition and was arranged by Vincent Punzi, Lowell Takahashi, and Jack Hunsicker with Berkadia. Apartment Management Consultants (AMC) will provide property management services and interior renovations.