The Bascom Group, a private equity firm, completed the acquisition of a 320-unit apartment community in Florida, for $69m. "Enclave at Lake Ellenor was a unique opportunity to acquire a centrally located, ultra-low-density property with significant unrealized renovation potential in the rapidly growing Orlando market. Enclave is perfectly positioned within reach of business hubs, world-class attractions, and educational centers. Orlando benefits from a diverse and well-educated workforce, business-friendly government, and competitive tax climate, making the city an ideal location for businesses," Jim Singleton, Bascom Senior Vice President & Principal.