Workspace Provider Continues Expansion in Long Beach

Workspace Provider Continues Expansion in Long Beach

Irvine-based Premier Business Center, a flex workspace provider, has inked a five-year lease for the second floor at Park Tower in Long Beach. The firm will take roughly 17,300 square feet in the glass office building at 5150 E. Pacific Coast Highway, it said in a statement. This marks Premier’s fourth Long Beach location, adding […]

Ready to Rumble? Meet the Fighters for NAIOP SoCal 2018 Night at Fights

The commercial real estate industry’s biggest night of entertainment and networking in SoCal is just around the corner. Check out the video above to see how training is progressing for NAIOP SoCal’s Night at the Fights 2018. The event is set for April 26th at Hotel Irvine and it promises to be even bigger and better than […]

WHW Corporate Volunteer of the Year – 2017

The Bascom Group is a highly regarded and respected private equity firm that specializes in value-added multifamily real estate investments.  Building one of the most viable apartment portfolios in the industry, it has distinguished itself from its counterparts through its market expertise, preservation of capital and its proactive outreach to the community. The firm’s philanthropic […]

Harbor Continues Buying Spree

LONG BEACH, Calif., Feb. 23, 2018 /PRNewswire/ — Harbor Associates, LLC (“Harbor”) has acquired The Commons at Valencia Gateway via an all-cash deal in a joint venture with Goldman Sachs Asset Management Private Real Estate (“GSAM PRE”). The project is a two building, 156,628 SF office campus on 10.25 acres located at 25124 & 25152 Springfield Court in […]

Spirit Bascom Ventures Acquires 198-Unit Mixed Use Property in Washington D.C. Metro

STAMFORD, Conn., Feb. 7, 2018 /PRNewswire/ — Spirit Bascom Ventures, LLC, a joint venture between Stamford, Connecticut based Spirit Investment Partners, LLC and Irvine, California based The Bascom Group, LLC, has acquired Tribeca at Camp Springs, a 198-unit residential community plus 18,880 sf of ground floor commercial space that was built by Wood Partners in 2008.  The community is located at […]

Bascom acquires Boulder View for almost $19MM

IRVINE, Calif., Dec. 21, 2017 /PRNewswire/ — The Bascom Group, LLC (“Bascom”) has acquired Boulder View Apartments (“Boulder View”), a 68-unit infill class “A” apartment community located in the vibrant city of Boulder, Colorado. The $18.97 Million acquisition ($278,985/unit) closed on December 19, 2017.  David Potarf, Dan Woodward, and Matt Barnettof CBRE were the listing brokers for the sale. Brian Eisendrath of CBRE arranged the $13.3 million loan […]

How David Kim and Jerome Fink led The Bascom Group through the real estate crash

David Kim and Jerome Fink co-founded The Bascom Group, a private equity firm primarily specializing in value-added multifamily real estate investments, in 1996. At the time they acquired their first multi-unit property, California was facing a foreclosure and job crisis. The market was unstable and investors were weary, but the two went on to develop […]

Bascom Arizona Ventures sells Arcadia Cove Apartments for $71.5M

Bascom Arizona Ventures (Bascom Group) completed the $71.5 million sale of Arcadia Cove Apartments in Phoenix, commanding $165,509 per unit. Arcadia Cove, built in 1996, is located at 2252 N. 44th St., and comprises 432 units. Bascom Arizona Ventures purchased the property in June 2013 for $40.725 million ($94,270 per unit). Read More

All Cash – Harbor Closes Distressed Foreclosure Sale

LONG BEACH, Calif., June 22, 2017 /PRNewswire/ — Harbor Associates, LLC (“Harbor”) has acquired Tustin Corporate, a 43,517 square foot office building located at 18302 Irvine Boulevard, Tustin, California in an all cash transaction with The Bascom Group, LLC (“Bascom”). Harbor acquired the asset through a distressed on-line auction bid process from an out of […]

Harbor Closes Distressed Liquidation Sale in 25 Days

LONG BEACH, Calif., June 15, 2017 /PRNewswire/ — Harbor Associates, LLC (“Harbor”) has acquired 10281 W. Pico Blvd., a 33,000 square foot office building located in Century City in a joint venture with Stockbridge Capital Group (“Stockbridge”). Harbor acquired the asset through a distressed liquidation sale and purchased the property in 25 days. This transaction […]