Back to NewsLaSalle Debt Investors provided acquisition financing.
The Bascom Group has acquired San Miguel Court Apartments, a 96-unit multifamily community in Santa Fe, N.M. The previous owner was a private individual, according to Yardi Matrix data. The transaction involved a $10.2 million loan, Santa Fe County records show. CBRE arranged the acquisition financing with LaSalle Debt Investors as lender.
Completed in 1974, the garden-style property comprises one-, two- and three-bedroom floorplans, ranging from 600 to 950 square feet. Residences feature in-unit washers and dryers, walk-in closets, air conditioning and ceiling fans. Common-area amenities include four laundry facilities and a playground, along with 140 parking spaces, the same data source shows. Apartment Management Consultants will serve as property manager.
