Irvine, Calif.-based private equity firm The Bascom Group LLC has acquired Sunset Cove Apartments in Costa Mesa, Calif. The 123-unit, 48-year-old infill apartment community was acquired for $33.3 million in a transaction that closed April 30. Sunset Cove Apartments is situated in a burgeoning Westside Costa Mesa enclave with immediate access to major freeways […]
Tim Rogers, Executive Director of Boys Hope Girls Hope, shared his gratitude to Bascom Group for its generous $6,000 contribution to the 24th Annual Golfers Classic. As a privately funded program, Boys Hope Girls Hope depends on community support to fulfill its mission of providing caring homes and transformative opportunities for scholars. Bascom’s investment directly […]
IRVINE, Calif., March 16, 2018 /PRNewswire/ — The Bascom Group, LLC (“Bascom”) has acquired Tempo at Riverpark Apartments (“Tempo”), a 235-unit infill apartment community located in the vibrant Riverpark community in Oxnard, California. The $75.25 Million acquisition ($320,213/unit) closed on March 13, 2018. Brian Eisendrath, Annie Rice, and Brandon Smith of CBRE arranged the debt financing for the purchase. Built in 2016, Tempo […]
Irvine-based Premier Business Center, a flex workspace provider, has inked a five-year lease for the second floor at Park Tower in Long Beach. The firm will take roughly 17,300 square feet in the glass office building at 5150 E. Pacific Coast Highway, it said in a statement. This marks Premier’s fourth Long Beach […]
The commercial real estate industry’s biggest night of entertainment and networking in SoCal is just around the corner. Check out the video above to see how training is progressing for NAIOP SoCal’s Night at the Fights 2018. The event is set for April 26th at Hotel Irvine and it promises to be even bigger and better […]
The Bascom Group is a highly regarded and respected private equity firm that specializes in value-added multifamily real estate investments. Building one of the most viable apartment portfolios in the industry, it has distinguished itself from its counterparts through its market expertise, preservation of capital and its proactive outreach to the community. The firm’s […]
LONG BEACH, Calif., Feb. 23, 2018 /PRNewswire/ — Harbor Associates, LLC (“Harbor”) has acquired The Commons at Valencia Gateway via an all-cash deal in a joint venture with Goldman Sachs Asset Management Private Real Estate (“GSAM PRE”). The project is a two building, 156,628 SF office campus on 10.25 acres located at 25124 & 25152 Springfield Court in […]
STAMFORD, Conn., Feb. 7, 2018 /PRNewswire/ — Spirit Bascom Ventures, LLC, a joint venture between Stamford, Connecticut based Spirit Investment Partners, LLC and Irvine, California based The Bascom Group, LLC, has acquired Tribeca at Camp Springs, a 198-unit residential community plus 18,880 sf of ground floor commercial space that was built by Wood Partners in 2008. The community is located at […]
Michael P. Kercheval, Executive Director of the Leeds School of Business, congratulated Bascom Group on joining the new International Advisory Board of the University of Colorado Real Estate Center (CUREC). He emphasized that this board is recognized as one of the nation’s most important and prestigious real estate groups, bringing together leaders who will shape […]
Janie Wolicki Best, CEO of WHW, expressed her gratitude to Bascom Group for its generous sponsorship of WHW’s 2018 Luncheon and Fashion Show, a special fundraiser celebrating 25 iconic years of service. She shared that the event plays a crucial role in funding programs that serve over 8,000 job seekers annually. With Bascom’s support, WHW […]
