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 Orangewood Foundation expressed heartfelt thanks to Bascom Group for supporting the 2022 Orangewood Challenge Race. CEO Chris Simonsen, who also participated in the adventure challenge, emphasized how this support directly benefits the foundation’s mission to prepare foster and community youth for successful, independent futures. Events like the Orangewood Challenge not only raise critical funding […]
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, […]
The Discovery Cube Orange County extended its gratitude to Bascom Group and The Kim Foundation for a generous $8,500 gift on February 7, 2022. Debbie Loughran, IVP of Development, shared how this contribution directly benefited the Discovery Cube’s Teacher Development Programs, which provide training and resources to educators who work tirelessly to inspire and teach […]
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, […]
A former Bascom Analyst reflected on their time with the firm, calling it one of the most impactful experiences of their life. They expressed sincere gratitude for the mentorship and support received during their year at Bascom, highlighting the knowledge, skills, and professional growth gained along the way. The analyst shared that the culture of […]
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 […]
The Orange County School of the Arts (OCSA) expressed deep gratitude to Bascom Group for its generous gift supporting the Instrumental Music Conservatory: Frederick Fennell Wind Studies Program. Elizabeth Ton, Vice President of Development, shared how this donation directly benefits talented students by providing resources and opportunities to further their artistic education. The support helps […]
