Bascom Group Acquires 344-Unit Overlook Apartments in Albuquerque, New Mexico

by Channing Hamilton

ALBUQUERQUE, N.M. — The Bascom Group LLC has purchased Overlook Apartments, a 344-unit garden-style community in Albuquerque. Brandon Harrington and Tyler Woodard of Northmarq arranged the debt financing for the acquisition. TPG Real Estate Finance Trust was the lender. Trevor Koskovich, Jesse Hudson, Cynthia Meister, Ryan Boyle and Logan Baca led the Northmarq’s investment sales team that represented the seller in the deal.

Situated at 6200 Eubank Boulevard, The Overlook offers units in one- and two-bedroom layouts. Amenities include two pools, a dog park, clubhouse, business center, fitness center and barbeque areas. Apartment Management Consultants will provide property management services for the property. SD-CAP will provide construction management.

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