HOUSTON–Sierra at Fall Creek has been purchased by The Bascom Group. The 252-unit apartment community consists of 13 residential buildings and a stand-alone leasing center. The terms of the deal were not disclosed. Read More
On Saturday, May 31st, WHW hosted 26 foster youth from agency partner Orangewood Children’s Foundation at the 4th Annual Boys2Men Event. The day included a motivational presentation by a former foster youth and a workshop focused on job seeking skills. With the help of 18 local businessmen who volunteered to spend a Saturday morning in […]
The Bascom Group ranks #1 for 2013 units renovated Read More
Irvine, Calif.—The Bascom Group LLC has announced that it has acquired Four Winds Apartments in the South Los Angeles County city of Whittier, Calif. for a price of $13.4 million or $97,101 per unit. The 138-unit, garden-style community is located at 8121 Broadway Avenue in Whittier and marks The Bascom Group’s second purchase in Southern […]
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 […]
