Davlyn Investments has purchased Spectrum, a 252-unit luxury multifamily community in Las Vegas, and rebranded it to The Michael B Townhomes and Apartments. The Bascom Group sold the asset for $67 million. The company had acquired the property back in 2016 from Tilden Properties for $38.3 million, according to Yardi Matrix data. Read More
An affiliate of The Axton Group and The Bascom Group has sold a pair of Colorado assets for $74.1 million nearly four years after acquiring them. The multifamily communities, which totaled 486 units, were sold to an undisclosed buyer after the owner completed multi-year renovations at the properties. The partners acquired Park at Penrose, […]
LAKEWOOD, COLO. — The Bascom Group, in partnership with Artemis Real Estate Partners, has purchased Avenida Lakewood, an active adult apartment property in Lakewood. Restricted to residents age 55 or older, the community is located at 11001 W. 15th Place. Terms of the transaction were not released. Read More
IRVINE, Calif., Dec. 20, 2022 /PRNewswire/ — The Bascom Group, LLC (“Bascom”) continued their acquisition run in Texas, acquiring a 346-unit apartment community in Houston and marking their fifth acquisition in Houston in the past two years. Montierra is a 346-unit community, built in 2003 and located in the Uptown/Galleria submarket. The acquisition also marks Bascom’s 40th multifamily property closed in Texas. Read […]
IRVINE, Calif., Oct. 07, 2022 (GLOBE NEWSWIRE) — Talonvest Capital, Inc. and their long-time client, The Bascom Group, LLC, are pleased to announce the refinance of The Island Apartments, a 78-unit apartment community in Pico Rivera, CA. The garden style multifamily community is situated on 1.54 acres and provides residents a superior location with convenient […]
NEWPORT BEACH, CA – A joint venture between Village Partners Investments of Newport Beach, California and The Bascom Group of Irvine, California has received full entitlements and approval of its development agreement for the mixed-use State Street Village project at the site of the former Redlands Mall in Redlands, California. Read More
Greystone has provided a $49,680,000 HUD 223(f) loan to refinance a 360-unit multifamily property in San Antonio, Texas. The financing was originated by Greystone Director Reuben Dolny, on behalf of The Bascom Group, a repeat client of the firm. Read More
FRESNO, CA – The Bascom Group has continued their multifamily acquisition spree by acquiring two more apartment communities in the Central Valley. Casa de Luna Apartments and Casa del Sol Apartments are located in Fresno, California, and mark Bascom’s 25th multifamily acquisition in the Central Valley and 130th in California. Bascom purchased the 236-unit portfolio […]
IRVINE, Calif., May 2, 2022 /PRNewswire/ — The Bascom Group, LLC (“Bascom“), in partnership with Leste Group and East Hill Capital Partners, has acquired their third deal together, a 448-unit garden style apartment community in Orlando, Florida. The Chatham Square acquisition brings the Partnership’s total investment into Florida over the past year to over $330,000,000 and 1,200 units. Accounts managed by KKR provided the […]
A real estate group from Irving, CA has just closed on its fourth Houston acquisition in the last 14 months. The Bascom Group purchased the 150-unit community located in the southeast Houston submarket for an undisclosed amount, the firm announced Wednesday. Windwater at Windmill Lakes is Bascom’s 39th multifamily property closed in Texas. The […]
