Bascom, GE Capital make multifamily purchase

Joint venture adds 1,100-plus units to holdings
Published on Dec 19, 2005

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by CareyBot

Bascom Arizona Ventures, in a joint venture with Connecticut-based GE Capital, purchased two Arizona apartment communities totaling 1,124 units. The value of the transaction was $84 million. The acquisition included the 644-unit Scottsdale Greens and the 480-unit Newport Landing Apartment ...