IRVINE, Calif., March 28, 2014 /PRNewswire/ — The Bascom Group, LLC has acquired Chapel Hill, a 222 Class-A garden style apartment community located at 9620 West Russell Road, Las Vegas, Nevada for $22,470,000, or $101,216 per unit. The sale was brokered by Chris Bentley and Melissa Salas of ARA. Debt financing was provided by Comerica […]
IRVINE, CA—Finding a niche that the masses either haven’t yet discovered or aren’t interested in is one way to increase yield. For the Bascom Group LLC, focusing on class-B and –C properties has been a successful niche for one of its fund, says Chad Sanderson, a principal in business acquisitions and development for the firm. […]
IRVINE, CA-The Bascom Group LLC has closed its second fully discretionary real estate investment fund, Bascom Value Added Apartment Investors II LLC. The fund provides up to $300 million of buying power, with leverage, for value-added multifamily acquisitions across an 11-state region. Read More
San Antonio—Multifamily and healthcare mortgage provider Greystone is having a busy week news-wise. After announcing a $60.5 million bridge loan for an Atlanta asset yesterday, the firm has just released details on a $38.8 million HUD loan to refinance Renaissance at Canyon Springs, a 360-unit Class A property is located in San Antonio Read […]
HUNTINGTON BEACH, CA-The Bascom Group LLC has purchased Huntington Villas Apts., a 114-unit multifamily community at 16171 Springdale St. here, for $19 million or $166,667 per unit. The asset is considered an unusual find in this particular submarket. Read More
NEW YORK, Dec. 23, 2013 /PRNewswire via COMTEX/ — Spirit Bascom Ventures, a joint venture between New York City based Spirit Investment Partners, LLC and Irvine, California based The Bascom Group, LLC has acquired the Avalon Crystal Hill apartments, located in Pomona, New York for $33,050,000. The Class A apartment community, located 45 minutes north […]
The Davis Building is one of the most historic and architecturally distinguished buildings in downtown Dallas, Texas, USA. At 20 stories, the building was the second tallest building in Dallas when it was built in 1926, and its eastern cupola-crowned section served as the headquarters for the Republic National Bank for nearly 30 years. […]
IRVINE, CA-Converting a former industrial building into creative-office space may have helped 16752 Armstrong Ave. here sell. The recent deal was transacted after the owner completed the renovation and repositioned the asset. Read More
IRVINE, Calif., Nov. 6, 2013 — /PRNewswire/ — The Bascom Group, LLC (“Bascom”) has acquired the Eagle Crest Apartments, a 624-unit Class-A garden style multifamily community located at 5850 Sky Pointe Drive, Las Vegas, Nevada. The property was listed and sold by Spencer Ballif of CBRE. The purchase price was not disclosed. Debt financing, provided […]
NEWPORT BEACH, Calif., Oct. 16, 2013 — /PRNewswire/ — REDA Bascom Ventures, a joint venture between Newport Beach, California based Real Estate Development Associates, LLC and Irvine, California based The Bascom Group, LLC has acquired 16 acres of development land located at 11100 Hemlock Avenue in Fontana, California. Rustin Mork, Anthony Dedeaux and Brett Dedeaux […]
