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 […]