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FRESNO, CA – The Bascom Group has continued their multifamily acquisition spree by acquiring two more apartment communities in the Central Valley. Casa de Luna Apartments and Casa del Sol Apartments are located in Fresno, California, and mark Bascom’s 25th multifamily acquisition in the Central Valley and 130th in California. Bascom purchased the 236-unit portfolio […]

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 […]