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 […]
The Los Angeles Police Foundation (LAPDF) expressed its gratitude to Bascom Group for a $15,000 donation from the DSK3 Family Foundation. This contribution will fund the purchase of a new service dog for the LAPD’s Metro K9 Platoon, directly enhancing the team’s ability to protect the city. Executive Director Dana Katz highlighted how donor support […]
The Bascom Group sponsored the First Annual Real Estate Case Competition at Southern Methodist University. Tony Ferrell and James D’Argenio supported this case challenge as judges, and winners were awarded from a grand prize pool of $11,000. Read More
IRVINE, Calif., April 15, 2024 /PRNewswire/ — The Bascom Group, LLC (“Bascom”) has acquired Homestead at Boulder City (“Homestead”) for $3,050,000. Homestead is a 1999-built, single-story, 72-unit senior housing property located at 1401 Medical Park Drive, Boulder City, Nevada. Vincent Punzi and Lowell Takahashi of Berkadia arranged the debt financing for the acquisition, with Kairos Investment Management Company as the lender. The Seller was represented by Brad […]
The new owner of the San Miguel Court Apartments in Santa Fe plans to add amenities to the complex of four three-story residential buildings and update the mid-2000s interiors. Irvine, Calif.-based private equity firm The Bascom Group closed March 7 on acquiring the 1974 property on Calle Lorca just west of the Smith’s Food […]
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 […]
An affiliate of Oberndorf Real Estate Management, LP and The Bascom Group, LLC have closed on the acquisition of Hearthstone at City Center, a 360-unit multifamily community in Aurora, Colorado, for $74 million. The transaction marks Bascom’s 37th acquisition in Colorado and its 10th in the city of Aurora.
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 […]
