Bascom News

NEWPORT BEACH, Calif. and POMONA, Calif., Aug. 21, 2013 /PRNewswire/ – Newport Beach, California based Realm Group, LLC has obtained debt financing and started construction on Monterey Station, a 349-unit transit oriented apartment development on 6.5 acres in downtown Pomona. The urban infill redevelopment site is located adjacent to the community’s Metrolink Station, connecting residents […]

Las Vegas—The Bascom Group LLC, a private-equity firm whose specialties include value-added multifamily investments, has acquired Broadstone Montecito, a 336-unit, Class-A, garden style community in Las Vegas. The selling price of the six-year-old property, built by Alliance Residential, was $36.6 million.​   Read More

PRESCOTT, Ariz., July 25, 2013 /PRNewswire/ — Bascom Arizona Ventures has acquired The Terraces at Glassford Hill Apartments, an off-market, 226-unit luxury community located in Prescott Valley, Arizona for $22.385M or $99,049 per unit. Bascom Arizona Ventures worked with Brian Eisendrath and Brandon Smith of CBRE to arrange the financing for the purchase. Steve Gebing […]

IRVINE, Calif., July 2, 2013 /PRNewswire/ — The Bascom Group, LLC has acquired Campbell Plaza Apartments, a 121-unit garden style community located at 710 Nido Drive, Campbell, California for $27,600,000 or $228,099 per unit. Bascom worked with Brian Eisendrath of CBRE to arrange the financing for the purchase. California Bank and Trust provided the debt […]

PHOENIX, June 18, 2013 /PRNewswire/ — Bascom Arizona Ventures has acquired Arcadia Cove Apartments, a 432-unit luxury community located in Phoenix, AZ for an undisclosed price. Bascom Arizona Ventures worked with Brian Eisendrath and Brandon Smith of CBRE to arrange the financing for the purchase. Steve Gebing and Cliff David from Marcus & Millichap represented […]

IRVINE, Calif., June 11, 2013 /PRNewswire/ — The Bascom Group, LLC has acquired Andalucia Apartments, a 175-unit community located in Palm Springs, CA for an undisclosed price. Bascom worked with Brian Eisendrath of CBRE to arrange the financing for the purchase. Built in 1979, the property consists of four three-story buildings with three pools and […]

IRVINE, Calif., Oct. 4, 2012 /PRNewswire/ — The Bascom Group, LLC has acquired Park Place at 92nd, a 228-unit apartment community in Westminster, Colorado for $16,614,000 or $72,868 per unit. Built in 1974, Park Place has a unit mix consisting of 37% one bedrooms, 47% two bedrooms, and 16% three bedroom units with an average […]

SCOTTSDALE, Ariz., Sept. 5, 2012 /PRNewswire/ — Bascom Arizona Ventures has newly acquired Coldwater Springs Apartments, a 301-unit community located in Avondale, Arizona for $27.2M or $90,365 per unit. Bascom Arizona Ventures worked with Brandon Smith and Brian Eisendrath of CBRE to arrange the financing for the purchase. The debt financing was provided by Ares […]

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 […]

DALLAS, April 4, 2012 /PRNewswire/ — Irvine, California-based The Bascom Group, LLC has acquired Villas at Monterey, a 272-unit community in Dallas, Texas. The sale closed on March 30, 2012 and expanded Bascom’s Texas portfolio to 20 properties totaling 7,181 units. The price was not disclosed. The acquisition for Bascom was managed by Andrew Newton, […]