The Bascom Group, in partnership with an affiliate of The Axton Group, has acquired Summer Grove Apartments and Tanglewood Apartment Homes, two adjacently located apartment communities in Colorado Springs.
“Summer Grove and Tanglewood are two well located properties with convenient access to strong employment centers, schools, and numerous retail and entertainment options,” said Jim Singleton, Bascom’s senior vice president and principal. “The Colorado Springs area continues its healthy growth driven by several ongoing and planned development projects, as well as investments estimated to bring nearly 3,000 jobs to the area. These new developments and the elite quality of life offered by Colorado Springs continue to attract a growing number of young professionals and families relocating to the area.”
Summer Grove an
