It was a day to honor big givers. Philanthropists of Orange County came together to celebrate the 21st annual National Philanthropy Day over lunch at the National Grove of Anaheim. The event, organized and hosted by the Assn. of Fundraising Professionals, drew more than 800 guests to honor an impressive roster of activists. Read […]
SAN ANTONIO — The Bascom Group has purchased Redlands Apartments, a Class A apartment community located in San Antonio’s Stone Oak submarket, for an undisclosed price. The property comprises 15 residential buildings, totaling 280 units in a mix of one-, two- and three-bedroom layouts, and a standalone leasing center. Read More
Irvine, Calif.–based Bascom Group has acquired the 252-unit Spectrum Apartments luxury community in Las Vegas for $38.35 million. The purchase marks Bascom’s 29th property acquisition in the Las Vegas market since 2013, for a total of 9,167 units owned in the area. Read More
IRVINE, Calif., Jan. 3, 2017 /PRNewswire/ — The Bascom Group, LLC (“Bascom”) has acquired Spectrum Apartments (“Spectrum”), a late-vintage 252-unit luxury apartment community located at 9242 West Russell Road, Las Vegas, NV 89148. The $38.35 million sale closed on December 22, 2016. Patrick Sauter and Art Carll with NAI Vegas were the brokers for the […]
Las Vegas— Irvine, Calif.-based private equity firm The Bascom Group, which specializes in value-added multifamily housing, has acquired a 90-unit garden-style apartment on the west side of Las Vegas. Read More
Spirit Bascom Ventures, a partnership between Irvine-based Bascom Group and Stamford, Conn.-based Spirit Investment Partners, has acquired a 1920s-era, nine-story building in Chicago for $18.8 million, its second acquisition in the city in the past year. The property is in the Rogers Park neighborhood, a few blocks north of Loyola University’s flagship Lake Shore campus. […]
LONG BEACH, Calif., Dec. 19, 2016 /PRNewswire/ — Harbor Associates, LLC (“Harbor”) has acquired Conejo Spectrum, a 159,186 square foot, two building, office and flex portfolio in a joint venture with The Bascom Group, LLC (“Bascom”) for $13,000,000 or $81 per square foot. Harbor sourced the asset through a distressed auction bid process from seller […]
CHICAGO, Dec. 12, 2016 /PRNewswire/ — Spirit Bascom Ventures, LLC (“Spirit Bascom”) a partnership between Irvine, California based The Bascom Group, LLC (“Bascom”), and Stamford, Connecticut based Spirit Investment Partners, LLC (“Spirit”), has acquired 6807 N. Sheridan Road for $18,875,000, its second Chicago acquisition in the past year. The property is located in the dynamic […]
TUCSON, Ariz., Nov. 2, 2016 /PRNewswire/ — The $250 million venture by The Bascom Group, LLC and funds managed by Oaktree Capital Management, L.P. (“Venture”) has acquired Springs at Continental Ranch Apartments, a 196-unit luxury community located in Tucson, Arizona. ACORE Capital provided debt financing, which was arranged by Brian Eisendrath, Brandon Smith, and Annie […]
IRVINE, CA – The Bascom Group, has acquired Hillside Terrace, a 32-unit apartment community located at 322 Hillside Terrace, Vista, California for $6,200,000 or $193,750 per unit or $228.00 per square foot. Olga Alworth with Meridian Capital arranged the debt financing and San Diego Private Bank provided the new loan. This was an off-market transaction […]
