The Bascom Group, a private equity firm specializing in value-add multifamily and other real estate investments, has supported a cause near and dear to one of its own employees for almost a decade. When the mother of Jason Hanna, senior vice president of operations at The Bascom Group, was diagnosed with cancer in 2011, […]
SCOTTSDALE, AZ – Bascom Arizona Ventures, a subsidiary of Irvine, California based private equity firm The Bascom Group, LLC has acquired a 37-unit property located in downtown Tempe, Arizona. The purchase price was $11.5 million, or $310,811 per unit. Dolce Villaggio Townhomes is situated within downtown Tempe’s Urban Core Master Plan Community. The property is within walking distance of Arizona State University, Tempe Town Lake, […]
Evo, an apartment complex in the Las Vegas suburbs, features an indoor basketball court, steam and sauna rooms and a rooftop lounge. It sold last month for more than $100 million. Southern Nevada’s apartment market heated up over the past several years with a flood of new projects and lucrative investor purchases. […]
While Phoenix is getting all of the headlines, other Arizona markets are also seeing population growth and strong apartment demand. Tucson is among the hot markets in Arizona, experiencing population and job growth. As a result, the market is also seeing strong apartment demand and increasing investment activity. Read More
IRVINE, Calif., Jan. 13, 2020 (GLOBE NEWSWIRE) — Talonvest Capital, Inc., a boutique mortgage brokerage firm, negotiated individual refinance loans on behalf of repeat client, The Bascom Group, LLC, for three multi-family communities, two in California and one in Nevada. A commercial bank in Texas funded a $16.5M loan secured by Casanova Grove Apartments, a […]
The Bascom Group and funds managed by Oaktree Capital Management LP sold two Tucson multifamily properties, totaling 486 units, to different investors. The properties ended up trading for $87.5 million. Tyler Anderson, Asher Gunter and Jeff Casper with CBRE represented the seller. The 290-unit Silverbell Springs at 7759 N. Silverbell Rd. in the Tucson […]
DALLAS, Dec. 19, 2019 /PRNewswire/ — The Bascom Group, LLC (Bascom) held a teddy bear drive in support of the Teddy Bear Party, raising 1.4K teddy bear donations from across 13 states for children undergoing medical treatments at Children’s Health in Dallas, Texas. Bascom received an overwhelming response from residents and onsite staff members of their apartment communities in support […]
Keller Investment Properties has purchased 80 on Gibson, a 308-unit Class A multifamily asset in Henderson, Nev., for $70 million, according to Yardi Matrix. The Bascom Group sold the property, while Newmark Knight Frank provided the buyer with acquisition financing through Fannie Mae. The new owner will operate the asset through its subsidiary, Keller […]
Through a partnership with DH Holdings Inc., Premier Workspaces has opened its second Temecula Valley office in a roughly 48,000-square-foot shopping center in Wildomar, Calif. Premier CEO Jeff Reinstein noted in a statement that many landlords are looking to differentiate their assets by incorporating shared workspaces in their properties. Opened in 2017, Wildomar Square […]
SCOTTSDALE, Ariz., Nov. 21, 2019 /PRNewswire/ — Multifamily Leadership has announced the official ranking for the 2020 “Best Places to Work Multifamily®” Program. Winners found out how they ranked at the Multifamily Leadership Innovation Summit held in Scottsdale, Arizona. The Multifamily Industry, serving apartments and their residents, contributes more than $3.4 trillion to the economy annually, […]
