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Spirit Investment Partners and The Bascom Group Acquire 221 Unit High Rise Multifamily Property In Evanston, Il for $49,110,000

EVANSTON, Ill., July 27, 2021 /PRNewswire/ — Spirit Investment Partners (“Spirit”) of Stamford, CT in partnership with Irvine, California based The Bascom Group, LLC (“Bascom”) have acquired the 415 Premier apartments in Evanston, Illinois for $49,110,000 or $222,217 per unit. The acquisition closed on July 21, 2021.  Dan Cohen of CBRE represented the seller.  Peter Marino, also of CBRE, arranged the acquisition financing through Rialto Capital Management.   Read More

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Harbor Associates completes renovations and begins lease-up on 4130 Cahuenga Boulevard in Los Angeles

As the streaming media boom accelerates and drives demand for creative office space, Harbor Associates (Harbor) has completed renovations and re-introduced a 75,716 square foot creative office building to the well-established Los Angeles media and entertainment submarket of Universal/Studio City.   Harbor’s 4130 Cahuenga Boulevard, which completed a USD3.5 million renovation last month, is already […]

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Bascom Group Strengthens Las Vegas Portfolio, Acquires 390-Unit, Three-Property Portfolio for $72 Million

IRVINE, Calif., July 7, 2021 /PRNewswire/ — The Bascom Group, LLC (“Bascom”) has closed a 390-unit, three-property portfolio in Las Vegas. The portfolio, consisting of Spectra at 4000, Spectra East, and Spectrum at Katie. Total cost for the portfolio was $72,000,000 or $184,806 per unit. Curt Allsop and Angela Bates with Newmark oversaw the sale. Debt financing was provided by Bridge Investment Group and arranged by Charles Halladay, Jamie […]

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Sponsoring Illumination Foundation’s Chef’s Table 2021

The Illumination Foundation expressed its appreciation to Bascom Group for sponsoring the 2021 Chef’s Table event, held on June 27. This annual gathering is one of the foundation’s most impactful fundraisers, bringing together community leaders, supporters, and advocates to raise critical resources for programs serving vulnerable populations. By stepping forward as a sponsor, Bascom played […]

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Harbor Group International Buys Henry Apartments in Pomona, New York, for $54M

POMONA, N.Y. — An affiliate of Harbor Group International LLC (HGI) has purchased The Henry, a 169-unit luxury apartment community in Pomona, about 40 miles north of New York City, for $54 million.  Built in 2001 and recently renovated, the property’s units feature stainless steel appliances, tile backsplashes and granite countertops. Amenities include a resident […]

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Student Pride in the Bascom Challenge at University of Colorado Boulder

Paula Chavarria, a student at the University of Colorado Boulder, expressed her gratitude to Bascom Group for its generous contribution to the Bascom Challenge. She shared that the project had become a source of pride and joy for the students throughout the semester, requiring significant effort, teamwork, and creativity. Receiving recognition and support from Bascom […]

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