The Bascom Group

Spirit Bascom Ventures Acquires 198-Unit Mixed Use Property in Washington D.C. Metro

STAMFORD, Conn.Feb. 7, 2018 /PRNewswire/ — Spirit Bascom Ventures, LLC, a joint venture between Stamford, Connecticut based Spirit Investment Partners, LLC and Irvine, California based The Bascom Group, LLC, has acquired Tribeca at Camp Springs, a 198-unit residential community plus 18,880 sf of ground floor commercial space that was built by Wood Partners in 2008.  The community is located at 4701 Old Soper Road in the Washington D.C. Metro area of Camp Springs Maryland.   The sale closed on January 30, 2018.  CIT Group provided debt financing to acquire the property.  The debt financing was sourced by Jamie Leachmanof HFF.  Walter Coker and Brian Crivella of HFF represented the seller on the transaction.

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