The Bascom Group, LLC.

Bascom and Oaktree Partner in $250 Million Venture, Closing The Springs, a 320-Unit Southern California Apartment Community

IRVINE, Calif., July 2, 2014 /PRNewswire/ — The Bascom Group, LLC (“Bascom”) and certain funds managed by Oaktree Capital Management, L.P. (“Oaktree”) have structured a new venture to acquire $250 million in value-added multifamily properties throughout the United States. The venture was launched with its first acquisition, The Springs Apartments (“Springs”), a 320-unit garden style […]

4th Annual Boys2Men Event – May 2014

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 […]

Bascom Closes on 138-Unit Community in Whittier, Calif.

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 […]

There’s Also Gold Outside the Box

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. […]

Bascom Closes $300M Value-Add MF Fund

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