Carlyle Realty and Bascom Group Make $45MM Emeryville Apartment Purchase

Irvine-based The Bascom Group, in partnership with an investment by Carlyle Realty Partners, acquired Emeryville’s 220-unit Bridgecourt Apartments for a reported $205,000 per unit or a total of $45.1 million. The seller was Prologis, which had come to own the complex in 2005, after it purchased Catellus, the original developer. [contextly_sidebar id="Fs6sboGki7Eo07nJrzgPqZevfGyjCzEl"]The East Bay apartment […]