Bascom Group Nabs $94M Orange County Community

Santa Ana, Calif.—The Bascom Group LLC acquired Villas at Tustin Apartments, a 406-unit infill apartment community located in the heart of Orange County. Sean Deasy and Ryan Fitzpatrick of HFF were the listing brokers for the $94-million sale, which represents $231,527 per unit. Charles Halladay and Jamie Kline of HFF arranged a $66.5-million loan with California Bank & Trust.

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