IRVINE, CA-The Bascom Group LLC has closed its second fully discretionary real estate investment fund, Bascom Value Added Apartment Investors II LLC. The fund provides up to $300 million of buying power, with leverage, for value-added multifamily acquisitions across an 11-state region. Read More
San Antonio—Multifamily and healthcare mortgage provider Greystone is having a busy week news-wise. After announcing a $60.5 million bridge loan for an Atlanta asset yesterday, the firm has just released details on a $38.8 million HUD loan to refinance Renaissance at Canyon Springs, a 360-unit Class A property is located in San Antonio Read […]
HUNTINGTON BEACH, CA-The Bascom Group LLC has purchased Huntington Villas Apts., a 114-unit multifamily community at 16171 Springdale St. here, for $19 million or $166,667 per unit. The asset is considered an unusual find in this particular submarket. Read More
NEW YORK, Dec. 23, 2013 /PRNewswire via COMTEX/ — Spirit Bascom Ventures, a joint venture between New York City based Spirit Investment Partners, LLC and Irvine, California based The Bascom Group, LLC has acquired the Avalon Crystal Hill apartments, located in Pomona, New York for $33,050,000. The Class A apartment community, located 45 minutes north […]
The Davis Building is one of the most historic and architecturally distinguished buildings in downtown Dallas, Texas, USA. At 20 stories, the building was the second tallest building in Dallas when it was built in 1926, and its eastern cupola-crowned section served as the headquarters for the Republic National Bank for nearly 30 years. […]
IRVINE, CA-Converting a former industrial building into creative-office space may have helped 16752 Armstrong Ave. here sell. The recent deal was transacted after the owner completed the renovation and repositioned the asset. Read More
IRVINE, Calif., Nov. 6, 2013 — /PRNewswire/ — The Bascom Group, LLC (“Bascom”) has acquired the Eagle Crest Apartments, a 624-unit Class-A garden style multifamily community located at 5850 Sky Pointe Drive, Las Vegas, Nevada. The property was listed and sold by Spencer Ballif of CBRE. The purchase price was not disclosed. Debt financing, provided […]
NEWPORT BEACH, Calif., Oct. 16, 2013 — /PRNewswire/ — REDA Bascom Ventures, a joint venture between Newport Beach, California based Real Estate Development Associates, LLC and Irvine, California based The Bascom Group, LLC has acquired 16 acres of development land located at 11100 Hemlock Avenue in Fontana, California. Rustin Mork, Anthony Dedeaux and Brett Dedeaux […]
NEWPORT BEACH, Calif. and POMONA, Calif., Aug. 21, 2013 /PRNewswire/ – Newport Beach, California based Realm Group, LLC has obtained debt financing and started construction on Monterey Station, a 349-unit transit oriented apartment development on 6.5 acres in downtown Pomona. The urban infill redevelopment site is located adjacent to the community’s Metrolink Station, connecting residents […]
Las Vegas—The Bascom Group LLC, a private-equity firm whose specialties include value-added multifamily investments, has acquired Broadstone Montecito, a 336-unit, Class-A, garden style community in Las Vegas. The selling price of the six-year-old property, built by Alliance Residential, was $36.6 million. Read More
