TUCSON, Ariz., Nov. 2, 2016 /PRNewswire/ — The $250 million venture by The Bascom Group, LLC and funds managed by Oaktree Capital Management, L.P. (“Venture”) has acquired Springs at Continental Ranch Apartments, a 196-unit luxury community located in Tucson, Arizona. ACORE Capital provided debt financing, which was arranged by Brian Eisendrath, Brandon Smith, and Annie […]
IRVINE, CA – The Bascom Group, has acquired Hillside Terrace, a 32-unit apartment community located at 322 Hillside Terrace, Vista, California for $6,200,000 or $193,750 per unit or $228.00 per square foot. Olga Alworth with Meridian Capital arranged the debt financing and San Diego Private Bank provided the new loan. This was an off-market transaction […]
October 25th, 2016 – The Bascom group is pledging to match $25,000 in donations for the “I Have a Dream” Foundation of Los Angeles through the month of October. IHADLA offers at-risk youth academic and emotional support, college and career readiness, life skill development, parent engagement, and social-emotional support, plus an offer of a scholarship […]
DENVER — BH Equities LLC, Pensam Residential and Wafra Capital Partners have acquired the Breakers Resort apartment community in Denver. The price was $350 million, according to the Denver Business Journal. The community is located at 9099 E. Mississippi Ave. Read More
PRESCOTT, Ariz., Oct. 6, 2016 /PRNewswire/ — Bascom Arizona Ventures has acquired the Prescott Lakes Senior Community, a 123-unit luxury independent living senior apartment community for $18,000,000 or $146,341 per unit. The property is located in Prescott, Arizona in the highly desirable Prescott Lakes master planned community. Read More
The Breakers Resort, a 1,523-unit apartment complex at 9099 E. Mississippi Ave. in Denver, has sold for a record price of close to $350 million, according to public record. Florida-based Pensam Residential, BH Equities LLC and Wafra Capital Partners acquired a majority stake in the property, which was previously owned by The Bascom Group and […]
NORTH LAS VEGAS — The Bascom Group has purchased the 312-unit Trellis Park Crossroads Apartments in North Las Vegas for $35.3 million. The community is located at 3825 Craig Crossing Drive. Read More
Many of Orange County’s top philanthropists, business leaders and individuals will be honored at the 31st annual National Philanthropy Day Awards Luncheon on Thursday, November 17, 2016, from 11:30 a.m. to 1:30 p.m. at the City National Grove of Anaheim. Produced by the Orange County Chapter of the Association of Fundraising Professionals, National Philanthropy Day […]
Dallas—The Bascom Group has acquired the 260-unit Orchid Apartments for $20.4 million ($78,461 per unit) in McKinney, Texas, which in recent years has become a far north suburb of Dallas. Read More
IRVINE, Calif., Sept. 1, 2016 /PRNewswire/ — The Bascom Group, LLC (“Bascom”) acquired a 260-unit multifamily community located in the desirable North Dallas city of McKinney, Texas. The transaction was brokered by Sperry Van Ness. Debt financing from EastWest Bank was arranged by John Brownlee and De’On Collins of HFF. James D’Argenio sourced and managed […]
