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, […]
IRVINE, Calif., Oct. 21, 2019 /PRNewswire/ — The Bascom Group, LLC (“Bascom”) has acquired Atrium Apartments, a 39-unit apartment community in El Monte, California. Atrium was built in 1963 and is located at 3733 Gibson Road, El Monte, CA 91731. Bascom purchased Atrium for $9,700,000, or $248,718 per unit or $312.00 per square foot. Priscilla Nee and Eric Chen with CBRE brokered the transaction. James D’Argenio and Chang Liu sourced and […]
Long Beach, CA (October 16, 2019) – Harbor Associates, LLC (“Harbor”) in joint venture with Taconic Capital Advisors (“Taconic”) has closed on a $41.7 million off-market acquisition of a five-building commercial office portfolio totaling 368,000 square feet in San Bernardino, CA. Read More
WeWork’s botched IPO plans have, in six short weeks, cost the company’s chief executive his job and the jobs of a number of his cronies, likely ended the hyper-aggressive growth push of Orange County’s fastest-growing co-working company for the immediate future, and even prompted bankruptcy speculation of the 9-year-old firm, which this summer had an […]
A partnership with the Bascom Group and Artemis Real Estate Partners has acquired Phoenix Townhomes, a 248-unit condominium-style apartment community in Fresno for $35 million. The sales prices equates to $141,129 per unit. Read More
