Bascom, Harbor Plan $500M Capital Execution

Bascom, Harbor Plan $500M Capital Execution

Harbor Associates and the Bascom Group have formed another office joint venture to purchase value-add office deals throughout the Western US. The two companies have allocated $500 million in capital to deploy over the next two years, and has already made its first two purchases in Los Angeles and Del Mar. The two transactions totaled $37.5 million. This […]

Harbor and Bascom buy office buildings in California for $37.4 mln

Long Beach, CA (May 16, 2018) – Harbor Associates, LLC (Harbor), and joint venture partner The Bascom Group LLC (Bascom), has acquired office buildings in Los Angeles and Del Mar, CA in separate transactions totaling $37.4 million. The latest transactions extend the relationship enjoyed by the two companies, who over the last three years have […]

Bascom Group Nabs CA Property for $33M

Irvine, Calif.-based private equity firm The Bascom Group LLC has acquired Sunset Cove Apartments in Costa Mesa, Calif. The 123-unit, 48-year-old infill apartment community was acquired for $33.3 million in a transaction that closed April 30. Sunset Cove Apartments is situated in a burgeoning Westside Costa Mesa enclave with immediate access to major freeways like […]

Bascom Group Acquires 235-unit Apartment Community in Oxnard, California for $75.25 Million

IRVINE, Calif., March 16, 2018 /PRNewswire/ — The Bascom Group, LLC (“Bascom”) has acquired Tempo at Riverpark Apartments (“Tempo”), a 235-unit infill apartment community located in the vibrant Riverpark community in Oxnard, California. The $75.25 Million acquisition ($320,213/unit) closed on March 13, 2018.   Brian Eisendrath, Annie Rice, and Brandon Smith of CBRE arranged the debt financing for the purchase. Built in 2016, Tempo is […]

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 […]