The Bascom Group and Oberdorf Real Estate Management have closed on the acquisition of the 360-unit Hearthstone at City Center in Aurora for $74 million. The previous owner was Independence Realty Trust. The asset previously traded in 2015 for $53.4 million, according to Yardi Matrix. Hearthstone is Bascom’s 37th acquisition in the state and 10th acquisition in the […]
The Bascom Group has acquired San Miguel Court Apartments, a 96-unit multifamily community in Santa Fe, N.M. The previous owner was a private individual, according to Yardi Matrix data. The transaction involved a $10.2 million loan, Santa Fe County records show. CBRE arranged the acquisition financing with LaSalle Debt Investors as lender. Read More
Leste Group, a private-equity firm that operates both in Brazil and the U.S., has invested in Brazilian cosmetics distributor Prestige Cosméticos, the firm’s first deal out of a new strategy designed to help Latin American businesses expand in the U.S. Rio de Janeiro-based Prestige supplies cosmetics sellers with perfumes and fragrances as well as […]
Irvine, California–(Newsfile Corp. – January 18, 2024) – The Bascom Group, LLC (“Bascom”) has acquired the Overlook Apartments, a 1988 built, 344-unit garden-style multifamily property located at 6200 Eubank Boulevard in Albuquerque, New Mexico. The property marks Bascom’s first multifamily acquisition in the state of New Mexico.The seller was represented by Northmarq’s investment sales team […]
The Bascom Group has acquired Texan 26, a 53-unit, 204-bed student housing community near the University of Texas at Austin campus. The previous owner was Article Student Living, the surviving entity of QuadReal’s acquisition of CA Student Living Properties, according to Yardi Matrix information. Read More
IRVINE, Calif., Jan. 11, 2024 /PRNewswire/ — The Bascom Group, LLC has presented for lease a 4,100 square feet ground floor with patios second generation restaurant space, ideal for a full-service restaurant concept, to the downtown Long Beach market. Ideally located at 200 Pine Avenue in the prime downtown area, there is an adjoining 3,865 square feet lower-level space. […]
The Wisconsin Real Estate Alumni Association (WREAA) extended its appreciation to Bascom Group for its support and partnership in 2023. As a Corporate Partner, Bascom’s contribution made it possible to fund a variety of programs and initiatives that enriched both student and faculty experiences. Executive Director Christine Dicks noted that this support also strengthened the […]
The “I Have a Dream” Foundation Los Angeles (IHADLA) extended its deepest gratitude to Bascom Group for an extraordinary $30,000 matching gift. As the lead match donor, Bascom’s generosity inspired others to step forward, multiplying the overall impact and expanding opportunities for underserved students. Cheznae, representing IHADLA, shared how this contribution not only provided vital […]
The Open Mic Night Crew took to a new venue on July 20, performing and hosting at the Martin Library Concert Stage. With the bleachers before them and in the distance, families playing on the splash pad, a night with an assortment of performers from the quixotic to the urbane trotted onto the stage to […]
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
