The Bascom Group

Bascom Expands Central Valley Portfolio to 10 Properties With Acquisition of Autumn Glen and Serena Vista Apartments

BAKERSFIELD, Calif., June 12, 2012 /PRNewswire/ — Irvine, California-based The Bascom Group, LLC has acquired the Autumn Glen and Serena Vista Apartments, a two-property portfolio, consisting of 250 units in Bakersfield, California, for $18.7M. The sale closed on June 8, 2012 and expanded Bascom’s presence in Bakersfield to 487 units and expands the Central Valley portfolio to 10 properties totaling 1,401 units, ranking Bascom as the largest owner in Bakersfield and the Central Valley. The onsite property management will be overseen by AMC.

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