The Bascom Group

  • Bascom Expands in L.A. County with Downey Purchase

    Irvine-based The Bascom Group recently expanded its multifamily portfolio with a purchase in the southeastern end of L.A. County.

    Los Angeles 14 August 2015 18:51
  • Bascom/Oaktree JV Finds Asset No. 7 in Henderson

    A joint venture between The Bascom Group and funds managed by Oaktree Capital Management, L.P. recently completed the acquisition of a Henderson, NV multifamily asset. The $300 million venture now owns the Villa Serena community in the Las Vegas area, situated in the immediate proximity of the Union Village the first integrated health village in the world. Financing for the transaction was provided by Mesa West Capital in Los Angeles, and was arranged by CBRE Capital Markets representatives. The seller worked with CBRE representatives during the deal.

    Las Vegas 02 April 2015 20:02
  • Jobs Improvement Benefits Las Vegas’ Residential, Hospitality Sectors

    Steadily improving employment is driving both residential and hospitality market improvement after a number of difficult years for Sin City.

    West 04 September 2014 15:06
  • Bascom Group, Oaktree JV Buys New M-F Asset in Henderson

    A Henderson multifamily asset recently traded hands when a Bascom Group venture and funds managed by Oaktree Capital Management LP moved on the local market for a new acquisition. The $250 million venture is now the new owner of The Edge at Traverse Point residential community after the deal was officially closed at the end of last month.

    Las Vegas 06 August 2014 15:51
  • Bascom/Oaktree JV to Purchase $250M in M-F Properties Throughout U.S.

    The Springs Apartments in Southern California is the first multi-family acquisition made by a new JV formed between The Bascom Group and funds managed by Oaktree Capital Management to acquire $250 million in value-added multi-family properties.

    West 03 July 2014 14:52
  • Hartman Short-Term Income Properties XX Purchases Houston Industrial Property; Bascom Acquires Sierra at Fall Creek

    Hartman Short Term Income Properties XX, Inc., a Houston-based REIT, recently announced that Harman Mitchelldale Business Park LLC, an affiliate, purchased the Mitchelldale Business Park from Falcon Southwest for an undisclosed sum.

    Houston 26 June 2014 04:14
  • Woodland Hills Apartment Community Trades Hands for $88M

    One of the largest San Fernando Valley apartment deals was perfected recently when a group of investors headed Jones & Jones Management Group paid $88 million for a Woodland Hills property. The buyer acquired the Mercer at Warner Center residential community from Rockwood Capital and The Bascom Group. According to the CoStar Group, the acquisition comes hot on the heels of another high-profile apartment deal made by the buyer, namely the sale of the Crenshaw Village asset, for a total of $60 million.

    Los Angeles 24 October 2013 14:35

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