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

July 29, 2021

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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