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Spirit Investment Partners, Bascom Group Purchase High-Rise Multifamily Property in Evanston for $49.1M

The property, 415 Premier Apartments, rises 17 stories with 221 units.

EVANSTON, ILL. — Spirit Investment Partners and The Bascom Group have acquired 415 Premier Apartments in Evanston for $49.1 million. Built in 2008, the 17-story property includes 221 luxury apartment units as well as a 245-space parking deck. Dan Cohen of CBRE represented the undisclosed seller. Peter Marino of CBRE arranged acquisition financing through Rialto Capital Management.

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