BWV W. Katella, LLC, a joint venture between Newport Beach, CA-based Branch West Real Estate Partners, LLC and Irvine, CA-based The Bascom Group, LLC, acquired a 1.1-acre parcel at 1725 West Katella Ave. in Orange CA. The site is entitled and planned for the development of a five-story, 94-unit mid-rise multifamily community. Bellwether’s Tom […]
(MENAFN – PRLog) With a goal of acquiring more than $250 million in suburban Southern California commercial real estate assets in the next 12 months, Harbor Associates, LLC (“Harbor”) has acquired Encino Office Park, a four-building, 213,459-square-foot transit oriented office campus in Encino, CA for $47.85 million. Located at 6345 Balboa Boulevard, Encino Office […]
Christian E. Simonsen, CEO of the Orangewood Foundation, extended heartfelt thanks to Bascom Group for its incredibly generous $25,000 donation and purchase of auction items during the Athletes First Gala on March 16, 2019. He shared that the event was not only a celebration of philanthropy but also a platform for inspiring moments, particularly from […]
Amber J. Hill, Regional Managing Director of UNICEF USA, expressed gratitude to Bascom Group for its generous support and ongoing partnership. She shared that this collaboration allowed UNICEF USA to celebrate a year of significant milestones in Fiscal Year 2018. The progress achieved together directly impacted children’s lives by providing essential resources such as healthcare, […]
TEMPE, AZ – Bascom Arizona Ventures, a subsidiary of Irvine, California-based private equity firm The Bascom Group, has acquired the Tempo at McClintock Station Apartments (“Tempo”). Tempo is a mid-rise multifamily property consisting of 423 residential units and one retail unit in Tempe, Arizona. The price was $89.2 million, or $210,377 per unit. The seller was P7 McClintock Station Owner. Tempo at McClintock […]
Lawrence Martin of Lincolnwood, Illinois, shared a personal reflection on his lifelong friendship with David Kim of Bascom Group. He recalled that they grew up together in Lincolnwood, attended high school side by side, and remained close as their lives took different paths. While Lawrence became a Lincolnwood police officer, David pursued opportunities in Florida […]
Christian E. Simonsen, CEO of the Orangewood Foundation, thanked Bascom Group for its purchase of a $10,000 table at the Athletes First Gala on March 16. He noted that Bascom’s support over the years has been instrumental in the success of this event, which raises critical funds to benefit foster and community youth. By consistently […]
HOBOKEN, N.J., Jan. 21, 2019 /PRNewswire/ — Spirit Bascom Ventures, LLC (“Spirit Bascom”) a partnership between Stamford, CT based Spirit Investment Partners, LLC (“Spirit”) and Irvine, California based The Bascom Group, LLC (“Bascom”) has acquired a 30-unit apartment building at 204 Grand Street in Hoboken, New Jersey. The $15,500,000acquisition closed on January 15, 2019. This transaction marks the second building acquired by the partnership […]
Multifamily Leadership has announced the official ranking for the 2019 “Best Places to Work Multifamily™” Program. Winners found out how they ranked at the Multifamily Leadership Summit held in Scottsdale, Arizona. The Multifamily Industry, serving apartments and their residents, contributes more than $3.5 billion to the economy everyday, supporting more than 12.3 million jobs. […]
The Internal Revenue Service on Oct. 19 issued the first set of regulations that clarify the Opportunity Zones Program—the first initiative of its kind in the last 15 years. Judging by the response it received so far, it might well be the most successful one. This first batch of rules will be followed by another […]
