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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 […]