The Bascom Group Launches New 506(C) Fund Offering Targeting Value-Add & Distressed Apartment Acquisitions

IRVINE, Calif., March 25, 2025 /PRNewswire/ — Bascom Value Added Apartment Investors VI, LLC (“Fund VI” or the “Fund”), which is sponsored by The Bascom Group, LLC (“Bascom”), launched a new offering of its securities pursuant to Rule 506(c) under the Securities Act of 1933, as amended. Fund VI is focused on continuing to acquire apartment properties throughout the U.S. that can be repositioned through value-add renovations, management improvements, recovery from being over leveraged and distressed, or may be trading at a significant discount. The Fund has been actively raising capital and acquiring property assets. The Fund currently owns five apartment properties with approximately $68 million of equity invested. The Fund is seeking to raise an additional approximately $76 million in equity this offering. Since 1996, Bascom has completed over $22.0 billion in multifamily value-added transactions encompassing 365 multifamily properties and over 105,000 units. Read More