US·Acquisition·Multifamily
Bascom Group acquires The Ellison apartments in Las Vegas for $103M
Value
$103M
Location
Las Vegas, Clark County, Nevada
Date
2026-04-13
Companies
The Bascom Group, AXA Investment Managers US, Newmark
Irvine-based Bascom Group purchased The Ellison, a 294-unit apartment community in the Summerlin/Spring Valley area of Las Vegas, for $103M (about $350K per unit). The seller was undisclosed. Newmark handled both the sale representation and debt placement, with acquisition financing arranged through AXA Investment Managers US.
las-vegasmultifamilyacquisition-financing
Source
REBusinessOnline