[New post] Bascom Buys Reno, Nev., Apartment Property for $31Mln

Dan Moynihan posted: "Bascom Group has paid $31 million, or $210,884/unit, for the 147-unit Sierra Point Apartments in Reno, Nev. LoanCore provided financing for the Irvine, Calif., investment manager's purchase. The financing was arranged by JLL Capital Markets. Sierra " New post on Commercial Real Estate Direct Bascom Buys Reno, Nev., Apartment Property for $31Mln by Dan Moynihan Bascom Group has paid $31 million, or $210,884/unit, for the 147-unit Sierra Point Apartments in Reno, Nev. LoanCore provided financing for the Irvine, Calif., investment manager's purchase. The financing was arranged by JLL Capital Markets. Sierra Point, at 4400 El Rancho Drive, was completed in 1998 and has one- and two-bedroom units with monthly rents […] Read more of this post Dan Moynihan | November 30, 2021 at 2:05 pm | Categories: General News | URL: https://wp.me/pcdE10-2jEp Unsubscribe to no longer receive posts from Commercial Real Estate Direct. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://crenews.com/2021/11/30/bascom-buys-reno-nev-apartment-property-for-31mln/