Davlyn Investments has purchased Spectrum, a 252-unit luxury multifamily community in Las Vegas, and rebranded it to The Michael B Townhomes and Apartments. The Bascom Group sold the asset for $67 million. The company had acquired the property back in 2016 from Tilden Properties for $38.3 million, according to Yardi Matrix data. Read More
An affiliate of The Axton Group and The Bascom Group has sold a pair of Colorado assets for $74.1 million nearly four years after acquiring them. The multifamily communities, which totaled 486 units, were sold to an undisclosed buyer after the owner completed multi-year renovations at the properties. The partners acquired Park at Penrose, […]
LAKEWOOD, COLO. — The Bascom Group, in partnership with Artemis Real Estate Partners, has purchased Avenida Lakewood, an active adult apartment property in Lakewood. Restricted to residents age 55 or older, the community is located at 11001 W. 15th Place. Terms of the transaction were not released. Read More
IRVINE, Calif., Dec. 20, 2022 /PRNewswire/ — The Bascom Group, LLC (“Bascom”) continued their acquisition run in Texas, acquiring a 346-unit apartment community in Houston and marking their fifth acquisition in Houston in the past two years. Montierra is a 346-unit community, built in 2003 and located in the Uptown/Galleria submarket. The acquisition also marks Bascom’s 40th multifamily property closed in Texas. Read […]
IRVINE, Calif., Oct. 07, 2022 (GLOBE NEWSWIRE) — Talonvest Capital, Inc. and their long-time client, The Bascom Group, LLC, are pleased to announce the refinance of The Island Apartments, a 78-unit apartment community in Pico Rivera, CA. The garden style multifamily community is situated on 1.54 acres and provides residents a superior location with convenient […]
NEWPORT BEACH, CA – A joint venture between Village Partners Investments of Newport Beach, California and The Bascom Group of Irvine, California has received full entitlements and approval of its development agreement for the mixed-use State Street Village project at the site of the former Redlands Mall in Redlands, California. Read More
The University of Texas at San Antonio expressed heartfelt appreciation to Bascom Group for its continued support of the Embrey Real Estate and Development Program in the Carlos Alvarez College of Business. President Taylor Eighmy shared his gratitude, noting that Bascom’s commitment has strengthened the program’s ability to prepare students for success in the real […]
The University of Texas at San Antonio expressed sincere gratitude to Bascom Group for its recent generous gift supporting the Embrey CREW Scholars Endowment and the Real Estate Finance & Development Competitive Fellowship at the Alvarez College of Business. Dean Jonathon Halbesleben, Ph.D., highlighted that these programs are creating new opportunities for students by enriching […]
Greystone has provided a $49,680,000 HUD 223(f) loan to refinance a 360-unit multifamily property in San Antonio, Texas. The financing was originated by Greystone Director Reuben Dolny, on behalf of The Bascom Group, a repeat client of the firm. Read More
The University of Colorado Boulder recognized The Bascom Group with the prestigious 2022 Leeds School of Business Corporate Partner Service Award. Chancellor Philip P. DiStefano, on behalf of Dean Sharon Matusik and the Leeds School of Business, expressed his honor in acknowledging Bascom’s contributions. This award highlights Bascom’s commitment to supporting academic excellence, building opportunities […]
