Bascom acquired Jefferson Stonebriar, a newly built 424-unit class-A multifamily community in Frisco from the developer, JPI, and the area has recorded record-setting population and economic expansion.

The portfolio consists of 461 rooms and will be managed by RHG. With the acquisition of the portfolio, Real Hospitality Group increases its portfolio of owned and managed assets to 105 hotels in 16 states.

The format is more user friendly -- a more holistic approach, says Lisa Stanley, CEO of OSCRE.