IRVINE, Calif., July 15, 2011 /PRNewswire/ — The Bascom Group, LLC, a leading national apartment investment firm, has completed a total of $566 million in renovations on 206 multifamily communities since 1996. Aggregated, the actual completed renovation costs for the portfolio are below their original allocated budgets Read More
Like most seasoned apartment renovators, The Bascom Group has seen little opportunity across its portfolio of 32,051 units to invest in serious physical renovation projects over the past three years. Sure, labor has been cheap, and most nonpetroleum building products can be had at a discount to prerecession prices. Read More
IRVINE, Calif., June 16, 2011 /PRNewswire/ — The Bascom Group, LLC, in partnership with the Carlyle Group, has acquired an 840-unit apartment portfolio in the Denver Metro region. The portfolio consists of Fairways at Lowry, a 450-unit community in Aurora, Colorado, acquired for $16,650,000 ($37,000 per unit or $70.77 per square foot) and Village at […]
IRVINE, Calif., Jan. 7, 2011 /PRNewswire/ — In honor of the 60th Trick or Treat for UNICEF anniversary, the Bascom Group partnered with the US Fund for UNICEF in hopes of raising awareness and donations. Leveraging each of their 95 communities across the nation, they created UNICEF portholes at each location. Read More
DALLAS, April 22, 2011 /PRNewswire/ — The Bascom Group, LLC (“Bascom”) has acquired The Davis Building, a Class AAA luxury urban infill mixed-use property. The investment includes a 20-story high-rise building featuring a beautiful Neo-Classical facade and including 183 loft-style apartment units, 52,235 feet of premier retail space and the twelve-level 600-space Metropolitan parking garage. […]
Last month, the Bascom Group hit a major milestone: It trained its 100th real estate intern, an accomplishment that began in 1996 when the Irvine, Calif.-based multifamily firm brought on its first intern (and third employee!) to help grow the firm. Read More
The Bascom Group marked a milestone of having trained and placed 100 real estate interns since the firm’s founding in 1996. And these undergrad and grad students aren’t just fetching coffee. Managing partner Jerry Fink tells us Bascom views them as a valuable commodity, with a “fresh set of eyes” and the latest skills. […]
IRVINE, Calif., Oct. 28 /PRNewswire/ — The Bascom Group, LLC, (http://www.bascomgroup.com) a private real estate equity company with a national apartment portfolio exceeding 30,000 units, has recently achieved the milestone of training over 100 real estate interns since its founding in 1996. Bascom’s real estate internship program provides hands-on, real life work experience for undergraduate […]
Management Insider, Units Magazine, November 2010 Download Document
Despite the general optimism in the multifamily industry, rehab still isn’t penciling out. Modest improvements in occupancies and rents aren’t enough to push the rehab gates back open again, as every panelist on a renovation panel at the MFE Conference in Las Vegas last week pointed out. Read More
