Bascom Refi for 11 Complexes
Irvine’s Bascom Group, one of the largest apartment owners based in Orange County, has refinanced 11 properties it owns, spread across five states.
The $235 million refinancing includes one local complex, the Southtown at Main apartments in Santa Ana, which Bascom acquired in 2015 for $8.6 million. The 44-unit complex is near the intersection of Warner Avenue and Main Street.
Other refinanced properties include five in California, two in Las Vegas and one each in Colorado, Arizona and Texas.