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Joint Venture Buys Woodcreek Apartments

416-Unit Apartment Community Sells for $38.75M
By April King
March 7, 2005 | 12:41 P.M.

The Bascom Group LLC purchased the Woodcreek Apartments at 43530 Gadsen Ave. in Lancaster in a joint venture with Rockwood Capital. Total consideration for this sale was $38.75 million, or about $93,149 per unit.

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