Bascom Group Acquires Castlewood Park Apartments in Buena Park, California for $53.125 Million
The Bascom Group, LLC has acquired Castlewood Park Apartments, a 183-unit value-add apartment community located in Buena Park, California, for $53,125,000, or $290,301 per unit.
Newmark Arranges $52 Million Cash-Out Refinance for Bascom Group’s Cantera at Towne Lake in Cypress, Texas
The Bascom Group has completed a $52 million cash-out refinance of Cantera at Towne Lake, a 366-unit, Class A garden-style multifamily community located in Cypress,
Bascom Arizona Ventures Acquires Domain 3201 in Tucson for $45.5 Million
Bascom Arizona Ventures has acquired Domain 3201, a 289-unit apartment community in Tucson, Arizona, for $45.5 million in an off-market deal. The value-add acquisition — purchased at $157,439 per unit — marks the firm’s continued expansion of its Tucson multifamily portfolio, with a capital improvement program already planned.
Harbor Associates-Led Venture Acquires Yorba Linda Commerce Center for $81 Million
Harbor Associates, partnering with Farallon Capital Management in a joint venture with Bascom Group, has acquired the 280,000-square-foot Yorba Linda Commerce Center in Orange County for $81 million. The off-market deal, closed at approximately $289 per square foot, underscores the extraordinary tightness of Southern California’s small-bay industrial market.
Bascom Group Acquires The Ellison, a 294-Unit Class A Community in Las Vegas, for $103 Million
The Bascom Group has acquired The Ellison, a newly completed 294-unit Class A apartment community in the Summerlin/Spring Valley submarket of Las Vegas, for $103 million. The 2024-built property features resort-style amenities including a rooftop pool with a jumbotron screen and eight levels of structured parking.
JLL Arranges $7.5 Million Refinancing for Bascom Group’s 200 Pine Avenue in Long Beach
JLL Capital Markets has arranged $7.5 million in permanent fixed-rate financing for 200 Pine Avenue, a 64,376-square-foot retail and office building in Downtown Long Beach owned by Bascom Group. The six-story Class A building is 81% leased and recently welcomed Dirty Birds restaurant as a new ground-floor tenant.