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. The acquisition marks Bascom’s continued pursuit of compelling opportunities in Orange County, a market where the firm has deep historical roots dating back to its founding in 1996. Originally […]
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.
Bascom Arizona Ventures, an affiliate of The Bascom Group, has acquired Retreat at Speedway, a 304-unit apartment community in Tucson, Arizona for $53.4 million. The acquisition marks the firm’s return to multifamily buying and its first purchase since February 2020.
The Bascom Group has completed the $37.6 million sale of The Square, a 112-unit multifamily community at 12535 Brookshire Ave. in Downey, California. Northmarq facilitated both the sale and $25.55 million in Freddie Mac financing for the buyer.
