Contact Information
26 Corporate Park DriveSuite 200
Irvine, CA 92606
Phone: 949-955-0888 ext 27
Fax: 949-955-0188
Contact: Michelle Khuu
Email: mkhuu@bascomgroup.com
Website: http://www.bascomgroup.com
The Bascom Group Company Profile
The Bascom Group (named after “Bascom Hill,†upon which the University of Wisconsin Business Schools sits) was founded by three University of Wisconsin alumni, Derek Chen, Jerome Fink, and David Kim in 1996 in the midst of the savings and loan meltdown. Their business plan was to acquire and re-position 300 to 500 unit apartment buildings in the midst of the foreclosure and job crisis of the early 1990s in California by creating value-added renovations and community outreach programs. In 1996, the Bascom Group acquired their first property, a 58-unit property later called “Ontario Plaza.†From there, they went on to develop into California, Arizona, Hawaii, the Pacific Northwest, Colorado, Utah, Texas and other select markets across the U.S.News from The Bascom Group:
Bascom Expands Texas Portfolio to 20 Properties With Acquisition of Villas at Monterey Apartments
DALLAS, April 4, 2012 — Irvine, California-based The Bascom Group, LLC has acquired Villas at Monterey, a 272-unit community in Dallas, Texas. The sale closed on March 30, 2012 and expanded Bascom’s Texas portfolio to 20 pro…
Bascom Closes 406-Unit Apartment Community for $73,500,000 in Honolulu, Hawaii
HONOLULU, March 14, 2012 — Irvine, California-based The Bascom Group, LLC has acquired Oasis at Waipahu Apartments, a 406-unit community in Waipahu, Hawaii for $73,500,000. The sale is the largest multifamily transaction in Haw…
Bascom Continues Denver Buying Spree Closing 492-Unit Apartment Community in Federal Heights, Colorado for $28,250,000
IRVINE, Calif., March 13, 2012 — The Bascom Group, LLC has acquired Hyland Park Centre, a 492-unit community located in Federal Heights, Colorado for $28,250,000 or $57,419 per unit. Bascom worked with Brandon Smith and Brian Eise…
Bascom Closes 128-Unit Apartment Community in Fullerton, California for $20,400,000
IRVINE, Calif., March 5, 2012 — The Bascom Group, LLC has acquired Veranda Apartment Homes, a 128-unit community located in Fullerton, California, for $20,400,000. Bascom worked with Troy Tegeler and Jeff Tong of CBRE to arrange t…
Bascom Closes a 207-Unit Apartment Community in Atlanta, Georgia for $8,100,000
IRVINE, Calif., Feb. 2, 2012 — The Bascom Group, LLC, in joint venture with BRT Realty Trust, has acquired Ivy Ridge, a 207-unit community located in Marietta, Georgia for $8,100,000. The purchase price represented a 47% discount t…
Spirit Investment Partners, LLC and The Bascom Group, LLC Create Joint Venture Dedicated to Multifamily Acquisitions
IRVINE, Calif., Jan. 13, 2012 — New York-based Spirit Investment Partners, LLC (Spirit) announced the formation of a new joint venture with Irvine, California-based The Bascom Group, LLC (Bascom). This unique joint venture, nam…
Veterans First and Bascom Group Partner to Serve Thanksgiving Dinner to 150 of Orange County’s Homeless Veterans
SANTA ANA, Calif., Nov. 18, 2011 — As the holiday season approaches, the Bascom group has partnered with Veterans First to provide a wonderful Thanksgiving meal for approximately 150 of Orange County’s homeless veterans on…
The Bascom Group Exceeds $500 Million in Renovations
IRVINE, Calif., July 15, 2011 — The Bascom Group, LLC, a leading national apartment investment firm, has completed a total of $566 million in renovations on 206 multifamily communities since 1996. Aggregated, the actual complete…
Bascom Closes 840-Unit $31.65MM Portfolio in Denver, Colorado
IRVINE, Calif., June 16, 2011 — The Bascom Group, LLC, in partnership with the Carlyle Group, has acquired an 840-unit apartment portfolio in the Denver Metro region. The portfolio consists of Fairways at Lowry, a 450-unit communi…
Bascom Group Acquires a 183-Unit Class AAA Luxury Mixed-Use Apartment Community in Downtown Dallas, Texas Through a Receivership Sale
DALLAS, April 22, 2011 — The Bascom Group, LLC (“Bascom”) has acquired The Davis Building, a Class AAA luxury urban infill mixed-use property. The investment includes a 20-story high-rise building featuring a beaut…