Our Blog

IRVINE, CA – The Bascom Group has acquired Highridge Apartments, an irreplaceable 257-unit value-add apartment community in the highly desirable coastal community of Ranchos Palos Verdes, California. The purchase price was $127,000,000 or $494,163 per unit. Annie Rice and Jamie Kline of JLL Capital Markets arranged the debt financing for the acquisition, while AXA Investment […]

SACRAMENTO, CA – The Bascom Group, in partnership with funds managed by Oaktree Capital Management, has acquired The Strand, a 408-unit newly built institutional quality multifamily community located in the highly desirable submarket of West Sacramento, California. The purchase price was $126,000,000 or $308,824 per unit. Louis Friedel, Clay Akiwenze, and Hank Workman of Berkadia […]

Seal Beach, CA – January 17, 2025 – Harbor Associates, LLC (“Harbor”), a value add and opportunistic buyer and owner in the office market, completed the lease up of the Bungalows Del Mar Office (https://www.thebungalowsdelmar.com/) despite the pandemic and work from home trends and now the recession that has slowed traditional office leasing. This Del Mar […]

SEATTLE — The Bascom Group has purchased 2300 Elliott, a 92-unit multifamily community located in Seattle’s Belltown neighborhood. Terms of the transaction were not released.   Built in 1992, 2300 Elliott features a five-story residential building offering a mix of studio, one-, two- and three-bedroom units situated above two levels of structured parking. The community […]

This holiday season, NBC 5 and Telemundo 39 are joining forces with the Teddy Bear Party, to invite you to donate and get your tickets to the Teddy Bear Party.   The Teddy Bear Party has been making a difference for over a decade. Come out on Saturday, December 7, at the Echo Lounge in […]

DALLAS, Oct. 3, 2024 /PRNewswire/ — The Bascom Group (“Bascom”) of Irvine, CA and Cross Coast Partners, LLC (“CCP”) based in McKinney, Texas, have announced the formation of Consolidated Real Estate Strategies (“CRES”), a joint venture focused on third-party asset management and advisory services of multi-family properties across the United States.   Read More

Irvine, California – August 29, 2024 – The Bascom Group, LLC (“Bascom”) has acquired Old River Place, a 249-unit single family residential-style, build to rent multifamily residential property located in the highly desirable Southwest submarket of Bakersfield, California. The purchase price was $ $56,633,500 or $227,444 per unit. Despite the high-interest rate environment and anemic […]

When Harbor Associates LLC purchased a 126,000-square-foot industrial real estate portfolio in the South Bay for $55 million back in November, the team saw a redevelopment opportunity.   The portfolio, made up of four adjacent properties ranging in size from 17,000 square feet to 45,000 square feet, sits at 690-760 W. 190th St. The 7.5-acre […]