IRVINE, Calif., June 30, 2016 /PRNewswire/ — The Bascom Group, LLC (“Bascom”) has acquired Camden Village Apartments (“Camden Village”), a 192-unit garden style apartment community located at 38000 Camden Street, Fremont, California 94536. The $63 million sale closed on June 24, 2016 and marks Bascom’s 36th apartment acquisition in the past twelve months. Stanford Jones, […]
June 17, 2016 – The Ernst & Young Entrepreneur Of The Year award recognizes outstanding entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance, and personal commitment to their businesses and communities. David Kim and Jerome Fink were selected as 2016 award winners by an independent panel of judges, and […]
Austin, Texas—Bascom Group LLC, a private equity firm specializing in multifamily, commercial, non-performing loans and real estate related investments and operating companies, announced it has acquired a 300-unit multifamily community located in Round Rock, Texas. The price tag of the transaction was not disclosed. Read More
Jerome A. Fink and David S. Kim, Managing Partners of The Bascom Group LLC, were recently announced as finalists in the EY Entrepreneur Of The Year 2016 Orange County Awards program. As the world’s most prestigious business award for entrepreneurs, EY Entrepreneur Of The Year has been at the forefront of identifying game‑changing business leaders […]
RealtyMogul.com, one of the leading online marketplaces for real estate investing, announced that it has closed an investment into a $21.6 million acquisition. The platform helped finance the acquisition of The Edison Apartments, a mid-rise multifamily property in Chicago, by Spirit Bascom Ventures, a sponsorship joint venture between Stamford, Connecticut-based Spirit Investment Partners and Irvine, […]
May 12, 2016 – Camden Property Trust has closed on the $630 million sale of a 15-property multifamily portfolio in Las Vegas to funds managed by Oaktree Capital Management and their advisor, The Bascom Group. Read More
May 02, 2016 – Irvine-based apartment investor Bascom Group LLC has made the largest acquisition in its 20-year history, landing a nearly 5,000-unit portfolio of rental properties in a and around Las Vegas. The privately held real estate company partnered with Oaktree Capital Management LP in Los Angeles to buy a 15-property portfolio of apartment […]
May 02, 2016 – Camden Property Trust began its first quarter earnings conference call last Friday to Faith Hill singing Lets Go to Las Vegas and ended it with Sheryl Crow singing Leaving Las Vegas. The musical bookends signaled to investors that the REIT had done what few gamblers have accomplished, leaving Las Vegas with […]
A joint-venture between Long Beach, CA-based Harbor Associates, LLC and Irvine, CA-based The Bascom Group acquired 3 Burroughs, a 37,000-square-foot former flex office building in Irvine. The asset will be transformed into a Class A creative office campus, and rebranded as ‘Bespoke Irvine.’ Read More
April 13, 2016 – The Bascom Group, LLC has acquired Juniper Terrace, a 43-unit apartment community located at 1580 South Juniper Street in Escondido, California for $7,700,000 or $179,070 per unit or $172.00 per square foot. Olga Alworth with Meridian Capital arranged the debt financing and Manufacturers Bank provided the new loan. Eric Comer with […]
