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, […]
SANTA ANA, Calif., Nov. 18, 2011 /PRNewswire/ — As the holiday season approaches, the Bascom group has partnered with Veterans First to provide a wonderful Thanksgiving meal for approximately 150 of Orange County’s homeless veterans on Tuesday, Nov. 22, 2011 from 11:00 a.m. – 1:00 p.m. at the Veterans First Service Center, located at 1540 […]
IRVINE, Calif., March 5, 2012 /PRNewswire/ — The Bascom Group, LLC has acquired Veranda Apartment Homes, a 128-unit community located in Fullerton, California, for $20,400,000. Bascom worked with Troy Tegeler and Jeff Tong of CBRE to arrange the financing for the purchase. Brett Betzler of Moran & Co. represented the seller, Fifth Street Partners & […]
DENVER-Irvine, CA-based the Bascom Group, along with Koelbel and Co. has secured $167-million in financing for the Breakers Resort, a six-village, 1,523-unit, class-A multihousing community here. The financing involved securing a $132 million floating-rate first trust deed through ING Real Estate Finance, and a $35 million mezzanine loan from Blackstone. Read More
Orange County, CA September 5, 2011– Orange County Business Journal. The Business Journal’s Best Places to Work lists are the result of months of surveying workers and management at local employers. The final list of 60 represents those that scored highest on a proprietary ranking done by the Business Journal by Harrisburg, Pa.-based Best Companies […]
BAKERSFIELD, CA-Tarzana, CA-based Gelt Inc. acquired its 19th multifamily property since its inception in December of 2008. This particular property was a $11.65-million, 128-unit class A apartment community located in Bakersfield, CA. The seller was an entity of the Bascom Group. Read More
