Bascom Group Buys Las Vegas Portfolio

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The three properties totaling 390 units sold for $72 million. : The Bascom Group has acquired a 390-unit, three-property portfolio in Las Vegas for $72 million, or $184,806 per unit. The portfolio consists of Spectra at 4000, Spectra East and Spectrum at Katie. The seller was not disclosed but Prism Multifamily Group had acquired the three assets in late 2018 from Bridge Investment Group as part of a four-property, 480-unit portfolio for $46.8 million, according to Yardi Matrix. The three properties are still listed on the Prism Multifamily Group website.

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