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IRVINE, Calif., May 2, 2022 /PRNewswire/ — The Bascom Group, LLC (“Bascom“), in partnership with Leste Group and East Hill Capital Partners, has acquired their third deal together, a 448-unit garden style apartment community in Orlando, Florida. The Chatham Square acquisition brings the Partnership’s total investment into Florida over the past year to over $330,000,000 and 1,200 units. Accounts managed by KKR provided the […]

A real estate group from Irving, CA has just closed on its fourth Houston acquisition in the last 14 months.   The Bascom Group purchased the 150-unit community located in the southeast Houston submarket for an undisclosed amount, the firm announced Wednesday. Windwater at Windmill Lakes is Bascom’s 39th multifamily property closed in Texas. The […]

IRVINE, Calif., April 27, 2022  — The Bascom Group, LLC (“Bascom”) has continued their acquisition run in Texas acquiring a 150-unit apartment community in Houston, marking their fourth Houston acquisition in nearly 12 months. Windwater at Windmill Lakes is a 150-unit community, built in 1999 and located in the southeast Houston submarket. The acquisition marks Bascom’s 39th multifamily property closed in Texas.   […]

IRVINE, CA – The Bascom Group has successfully closed the offering for its fifth fully discretionary multifamily real estate investment fund. The fund, Bascom Value Added Apartment Investors V, LLC (“Fund V”), raised equity commitments of $150 million. This equity, with leverage, provides up to $500 million of buying power for multifamily acquisitions in the […]

The Bascom Group LLC, has closed the offering for its fifth discretionary multifamily real estate investment fund, Bascom Value Added Apartment Investors V LLC. The fund closed with equity commitments of $150 million, with leverage, providing up to $500 million of buying power.   The Fund V has so far acquired 13 multifamily properties across Arizona, Texas, […]

Less than a week after selling an apartment complex in Canoga Park, Neil Shekhter has sold two multifamily properties in nearby Northridge for $52.5 million.   Bascom Group bought the adjacent buildings at 9710 Zelzah Avenue and 17819 Superior Street for around $375,000 per unit, the firm announced on Wednesday. NMS Properties, Shekhter’s firm, has […]

IRVINE, Calif., Jan. 17, 2022 /PRNewswire/ — The Bascom Group, LLC (“Bascom”) has acquired a two-property, 140-unit multifamily portfolio located in the Northridge neighborhood of the City of Los Angeles. The properties, NMS Northridge and NMS Superior, boast large floorplans consisting of mostly two- and three-bedrooms with each unit receiving a private 2-car garage or two spaces of structured parking. The […]

A pair of Orange County developers is set to start a mixed-use project on the edge of the Inland Empire.   A joint venture between Village Partners and the Bascom Group has gotten a $77 million construction loan to build a mixed-use redevelopment project with 350 residential units, the firms announced on Monday.   Providence, […]

IRVINE, Calif., Dec. 20, 2021 /PRNewswire/ — The Bascom Group, LLC (“Bascom”) has continued their acquisition spree in Texas acquiring two more apartment communities totaling 602 units. The Spencer Park Row is 390 units located near Katy in west Houston. Tranquility Lakeside is 212 units located in the city of Pearland. These acquisitions mark Bascom’s 38th multifamily property closed in Texas.   Clint Duncan and Matt Phillips of […]

A Las Vegas apartment complex has sold for more than $135 million, the latest nine-figure purchase of a valley rental property.   Starlight U.S. Residential Fund announced last month that it acquired Lyric, a 376-unit apartment complex in the south valley.   Lyric, 304 E. Silverado Ranch Blvd., near Las Vegas Boulevard, boasts a karaoke […]