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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 […]

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 […]

The Springs Apartments in Southern California is the first multi-family acquisition made by a new joint venture formed between The Bascom Group and funds managed by Oaktree Capital Management, L.P. to acquire $250 million in value-added multi-family properties.   Read More

Orange County’s biggest private companies got bigger in a continued run of revenue and employment gains.​   Download Document

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

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 […]

The Bascom Group ranks #1 for 2013 units renovated   Read More

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 […]

IRVINE, Calif., March 28, 2014 /PRNewswire/ — The Bascom Group, LLC has acquired Chapel Hill, a 222 Class-A garden style apartment community located at 9620 West Russell Road, Las Vegas, Nevada for $22,470,000, or $101,216 per unit. The sale was brokered by Chris Bentley and Melissa Salas of ARA. Debt financing was provided by Comerica […]

IRVINE, CA—Finding a niche that the masses either haven’t yet discovered or aren’t interested in is one way to increase yield. For the Bascom Group LLC, focusing on class-B and –C properties has been a successful niche for one of its fund, says Chad Sanderson, a principal in business acquisitions and development for the firm. […]