HENDERSON, NV—The $250 million venture by Bascom and funds managed by Oaktree Capital Management, LP (“Venture”) has acquired The Edge at Traverse Point (“The Edge”), a 296-unit class A apartment community located at 1131 Wigwam Parkway, Henderson.
The sale closed on July 24, 2014. Nationwide Life Insurance provided financing to acquire the property. The debt financing was sourced by Brian Eisendrath of CBRE.
Angela Powers and Carl Sims of Hendricks-Berkadia represented the seller on the transaction.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
