Wednesday, April 04, 2012

Dallas apartment community sold

Bascom Group
The Villas at Monterey apartments in Far North Dallas has 272 units.
California-based apartment investor Bascom Group has added to its Texas holding with the purchase of a Dallas rental community.
Bascom purchased the 272-unit Villas at Monterey at 15534 El Estado Drive. The complex in Far North Dallas is on 14.5 acres near Arapaho and Coit roads.
Terms for the sale of the project, which has 21 apartment buildings, were not disclosed.