Premier Business Centers Tops in Co-Working in OC

Premier Business Centers Tops in Co-Working in OC

Premier Business Centers doesn’t have the Wall Street buzz We Work Inc. does or brand-new locations in some of Orange County’s recently built or redesigned office developments like some other co-working peers, such as Spaces. But the Irvine-based executive suites operator has one notable advantage in Orange County over the competitors: a big established presence. [...]

Bascom acquires Sleepy Hollow Apartments for $7.54 mln

IRVINE, Calif., June 20, 2018 /PRNewswire/ — The Bascom Group, LLC (“Bascom”) has acquired Sleepy Hollow Apartments, a 25-unit infill apartment community located in the sought-after community of Anaheim Hills, California. The $7,540,000 acquisition ($301,600/Unit or $285.00/SF) closed on June 15, 2018. Bascom arranged the debt financing with Manufacturers Bank. The sale was brokered by […]

SoCal Investors Are Following The Yield To Denver

The Denver market seemingly exploded this cycle—but in reality, the growth was a long-time coming. The Bascom Group has been an active player in Denver since 2005 and has acquired nearly 11,000 multifamily units, including its recent purchase of Modera at Observatory Park Apartments, a 275-unit new construction apartment complex, for $92.5 million. Now, Denver has popped […]

Bascom Group Acquires Denver Community for $93M

The Bascom Group LLC has acquired Modera at Observatory Park Apartments, a 275-unit Class A infill apartment community in Denver for $92.5 million from Mill Creek Residential. “Observatory Park was a rare opportunity to acquire an off-market core-plus asset in an extremely tight market,” Scott McClave, Bascom’s senior principal, said. “The quality of the asset, proximity to […]

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 […]