Real Estate Briefly: Bascom Group Acquires Torrance Apartments
The Bascom Group in Irvine has acquired Harvard Villa Apartments, a 64-unit infill apartment community in Torrance for $14 million.The deal closed April 27. Hooman Emanuel of Emanuel Real Estate Group represented the seller. Erich Pryor and Thomas Sherlock with Talonvest Capital arranged the $11.45 million loan from TCF National Bank. James D’Argenio and Chang Liu sourced and managed the acquisition for Bascom. Harvard Villa marks Bascom’s 37th multifamily property closed in Los Angeles County and its 167th multifamily property closed in California, according to the company.