The Bascom Group

Spirit Investment Partners and The Bascom Group Acquire 221 Unit High Rise Multifamily Property In Evanston, Il for $49,110,000

EVANSTON, Ill.July 27, 2021 /PRNewswire/ — Spirit Investment Partners (“Spirit”) of Stamford, CT in partnership with Irvine, California based The Bascom Group, LLC (“Bascom”) have acquired the 415 Premier apartments in Evanston, Illinois for $49,110,000 or $222,217 per unit. The acquisition closed on July 21, 2021.  Dan Cohen of CBRE represented the seller.  Peter Marino, also of CBRE, arranged the acquisition financing through Rialto Capital Management.

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