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
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
