RealtyMogul.com, one of the leading online marketplaces for real estate investing, announced that it has closed an investment into a $21.6 million acquisition. The platform helped finance the acquisition of The Edison Apartments, a mid-rise multifamily property in Chicago, by Spirit Bascom Ventures, a sponsorship joint venture between Stamford, Connecticut-based Spirit Investment Partners and Irvine, […]
May 12, 2016 – Camden Property Trust has closed on the $630 million sale of a 15-property multifamily portfolio in Las Vegas to funds managed by Oaktree Capital Management and their advisor, The Bascom Group. Read More
May 02, 2016 – Irvine-based apartment investor Bascom Group LLC has made the largest acquisition in its 20-year history, landing a nearly 5,000-unit portfolio of rental properties in a and around Las Vegas. The privately held real estate company partnered with Oaktree Capital Management LP in Los Angeles to buy a 15-property portfolio of apartment […]
May 02, 2016 – Camden Property Trust began its first quarter earnings conference call last Friday to Faith Hill singing Lets Go to Las Vegas and ended it with Sheryl Crow singing Leaving Las Vegas. The musical bookends signaled to investors that the REIT had done what few gamblers have accomplished, leaving Las Vegas with […]
A joint-venture between Long Beach, CA-based Harbor Associates, LLC and Irvine, CA-based The Bascom Group acquired 3 Burroughs, a 37,000-square-foot former flex office building in Irvine. The asset will be transformed into a Class A creative office campus, and rebranded as ‘Bespoke Irvine.’ Read More
April 13, 2016 – The Bascom Group, LLC has acquired Juniper Terrace, a 43-unit apartment community located at 1580 South Juniper Street in Escondido, California for $7,700,000 or $179,070 per unit or $172.00 per square foot. Olga Alworth with Meridian Capital arranged the debt financing and Manufacturers Bank provided the new loan. Eric Comer with […]
January 15, 2016 – Real Estate Forum compiled its first-ever ranking of the commercial real estate industry’s Fastest-Growing Companies: firms that are outpacing their competition and positioned for success in 2016 and beyond. Read More
$5.00 from each registration will be donated to the “I Have a Dream Foundation” Los Angeles. Read More
On June 6, the Bascom Group of Irvine sponsored the Fifth Annual Boys2Men event through Women Helping Women/Men2Work. The Boys2Men event hosted 44 foster youth from partner agency Orangewood Children’s Foundation. The youth have been or will soon be “emancipated,” when they leave home at 18 to live on their own unless their foster families […]
IRVINE, Calif., May 19, 2015 /PRNewswire/ — The Bascom Group, LLC has acquired Rose Villas Apartments, an 18-unit community located at 1207 Rose Avenue, Long Beach, California for $2,705,610 or $150,312 per unit and $204 per square foot. This is the third acquisition under Bascom’s new Private Capital Platform, which focuses on buying smaller, value-add […]
