The Bascom Group, LLC.

Bascom Group Acquires Apartments in Downtown Santa Ana, Plans to Upgrade Interiors to Contribute to Community’s Positive Growth

IRVINE, Calif., Aug. 21, 2014 /PRNewswire/ The Bascom Group, LLC has acquired 5 th Street Apartments, a 38-unit community located at 701 East 5 th Street, Santa Ana, California for $4,150,000 or $109,211 per unit. Debt financing was provided by Banc of California and arranged by Jonathan Wintner and Olga Alworth of Meridian Capital Group. […]

Real Estate Development Associates Breaks Ground on 500,000 Square Feet of Speculative Industrial Development in Southern California

NEWPORT BEACH, Calif., July 24, 2014 /PRNewswire/ — REDA Bascom Ventures, LLC (“REDA”), a joint venture between Newport Beach, California-based Real Estate Development Associates, LLC and Irvine, California-based The Bascom Group, LLC, started construction on two separate speculative industrial development projects totaling 500,000 square feet in Southern California. REDA was formed in 2013 to acquire […]

Bascom and Oaktree Partner in $250 Million Venture, Closing The Springs, a 320-Unit Southern California Apartment Community

IRVINE, Calif., July 2, 2014 /PRNewswire/ — The Bascom Group, LLC (“Bascom”) and certain funds managed by Oaktree Capital Management, L.P. (“Oaktree”) have structured a new venture to acquire $250 million in value-added multifamily properties throughout the United States. The venture was launched with its first acquisition, The Springs Apartments (“Springs”), a 320-unit garden style […]

Sierra at Fall Creek Trades Hands

HOUSTON–Sierra at Fall Creek has been purchased by The Bascom Group. The 252-unit apartment community consists of 13 residential buildings and a stand-alone leasing center. The terms of the deal were not disclosed. Read More

4th Annual Boys2Men Event – May 2014

On Saturday, May 31st, WHW hosted 26 foster youth from agency partner Orangewood Children’s Foundation at the 4th Annual Boys2Men Event. The day included a motivational presentation by a former foster youth and a workshop focused on job seeking skills. With the help of 18 local businessmen who volunteered to spend a Saturday morning in […]

Bascom Closes on 138-Unit Community in Whittier, Calif.

Irvine, Calif.—The Bascom Group LLC has announced that it has acquired Four Winds Apartments in the South Los Angeles County city of Whittier, Calif. for a price of $13.4 million or $97,101 per unit. The 138-unit, garden-style community is located at 8121 Broadway Avenue in Whittier and marks The Bascom Group’s second purchase in Southern […]