The Bascom Group
In 1996, Derek Chen, Jerome Fink, and David Kim founded The Bascom Group, LLC ("Bascom"), a private equity firm specializing in multifamily, commercial, non-performing loans, and real estate related investments and operating companies. Bascom sources value-add and distressed properties through foreclosure, bankruptcy, or short sales, and repositions them by adding extensive capital improvements, improving revenue, and reducing expenses using institutional-quality property management. Property Type Garden Style, Mid-Rise and High Rise Apartments Asset Class A+ to D Location Quality A+ to C+ Property Size 80 to 5,000 units; single asset or portfolios Pricing $5.0M to $500M+ Property Vintage 1920’s to new construction Investment Structure All cash to seller; Loan assumptions on a case-by-case basis Investment Objectives Bascom has yield requirements that are commensurate with the risks and opportunities presented by each property. Bascom focuses on sub- markets with “barriers to entry” and/or properties available below replacement cost. Additionally, we look for properties requiring a renovation or upgrade where the property’s grade or class is below that of the other competitive properties in its market. Preferred Markets Arizona, California, Colorado, Conneticut, Georgia, Hawaii, Nevada, New York, Oregon, Texas, Utah, Washington
Real Estate Specialization
| Multifamily |
Investment Type
| Pref/Mezz equity |
| JV partnership |
| Acquisition/Fee Simple |
| Operating company/entity |
Investment Style
| Core |
| Value-add |
| Opportunistic |
Typical Deal Size
| > $50,000,000 |
Managing Partner
David Kim
Co-founder and Chairman
Derek Chen
Managing Partner
Jerome Fink
Co-Founder
Jerome Fink
- +1 949 955 0888 ext:11
- jfink@bascomgroup.com
Executive Director
Tony Ferrell
Senior Vice President
Jason Hanna
- +1 818 216 5096
- jhanna@bascomgroup.com
Manager Marketing And Public Relations
Michelle Khuu
- +1 949 955 0888
- mkhuu@bascomgroup.com
Principal Acquisitions
Andrew Newton
- +1 949 955 0888
- anewton@bascomgroup.com
Chad Sanderson
- +1 949 955 0888
- csanderson@bascomgroup.com
Principal Acquisitions
Scott Mcclave
- +1 949 955 0888
- smcclave@bascomgroup.com
Senior Vice President
Jeffrey Fuller
Bascom and Artemis Real Estate Partners Acquire 248-Unit Apartment Community in Fresno for $35 Million
2019-09-22 17:00:00
Multifamily Leadership Announces Finalists for the Best Places to Work Multifamily and New Media Partnership to Showcase Ranking Companies
2019-09-11 17:00:00
The Bascom Group Completes $235 Million Refinance of Eleven-Property Multifamily Portfolio
2019-08-25 17:00:00
Bascom and The Axton Group Acquire Two Apartment Communities in Colorado Springs for $41.15 Million
2019-06-23 17:00:00
Branch West Ventures Acquires Mid-Rise Multifamily Development Site in Orange, California
2019-04-09 17:00:00
Bascom Arizona Ventures Acquires 423-Unit Multifamily Community in Tempe for $89.2 Million
2019-03-05 16:00:00
Spirit Bascom Ventures Acquires Second Multifamily Property Hoboken, New Jersey for $15.5 Million
2019-01-22 16:00:00
Ground lease for 138-unit complex in Whittier sells to East Coast firm for $28M
2018-12-25 16:00:00
LA joint venture picks up buildings in Glendale, Denver, for $59M
2018-10-22 17:00:00
City Officials, Developers Hope New Projects Will Attract Millennials To Live In Laguna Niguel
2018-10-21 17:00:00
Bascom Group Acquires Infill Multifamily Community in Torrance, California for $6.3 Million
2018-10-18 17:00:00
Bascom Group Acquires Infill Multifamily Community in Torrance, California for $6.3 Million
2018-10-18 17:00:00
Bascom Group Acquires 424-Unit Apartment Community in North Dallas Submarket of Frisco
2018-09-11 17:00:00
Bascom Group Acquires 424-Unit Apartment Community in North Dallas Submarket of Frisco
2018-09-11 17:00:00
Bascom Group Acquires Southeast Los Angeles Apartment Community for $12.55 Million
2018-07-31 17:00:00
Spirit Bascom Ventures Acquires Apartment Building in Hoboken, New Jersey for $17.65 Million
2018-07-25 17:00:00
Spirit Bascom Pays $18M for Hoboken's Columbus Park Apartments
2018-07-25 17:00:00
Middle Market Digest: This Week in Southwest
2018-06-21 17:00:00
The Bascom Group Acquires Vintage Apartment Community in Anaheim Hills for $7.54 Million
2018-06-20 17:00:00
SoCal Investors Are Following the Yield to Denver
2018-06-10 17:00:00
High Office Price Tags Are Keeping Investors Out of DTLA
2018-06-04 17:00:00
Middle Market Digest: This Week in Southwest
2018-05-31 17:00:00
Bascom Group Acquires 275-Unit Apartment Community for $92.5 Million in Denver, Colorado
2018-05-30 17:00:00
Harbor Associates, Bascom will acquire $500M in office properties
2018-05-17 17:00:00
Bascom, Harbor Plan $500M Capital Execution
2018-05-17 17:00:00
JV Buys 2 California Office Buildings for $37M
2018-05-16 17:00:00
Bascom Group Acquires 123-Unit Apartment Community in Coastal Southern California for $33.3 Million
2018-05-08 17:00:00
Bascom Group Acquires 235-Unit Apartment Community for $75.25 Million in Oxnard, California
2018-03-18 17:00:00
LA County’s top 5 office investment sales of February
2018-03-14 17:00:00
Decron Properties Acquires 220-Unit Multifamily Community in High-Demand California Market
2018-02-11 16:00:00
Decron Properties Buys Emeryville Apartment Community for $87.4MM
2018-02-08 16:00:00
Spirit Bascom Ventures Acquires 198-Unit Mixed Use Multifamily Community in Washington D.C. Metro
2018-02-07 16:00:00
Bascom Group Acquires 68-Unit Luxury Apartment Community for $19 Million in Boulder, Colorado
2017-12-21 16:00:00
Deal Volume's Down, Interest Rates Are Up: Conservative Lending Is The New Normal
2017-11-05 16:00:00
Deal Volume's Down, Interest Rates Are Up: Conservative Lending Is The New Normal
2017-11-05 16:00:00
Harbor, Goldman Sachs Close Denver Off-Market Transaction
2017-10-25 17:00:00
Developers Are Building for the Next Cycle
2017-10-22 17:00:00
Influx of First-Time Investors Arrive to Multifamily
2017-10-22 17:00:00
Bascom and Milestone Form Joint Venture to Provide Funding to General Partner Real Estate Sponsors
2017-10-18 17:00:00
Bascom, Milestone Form Major Fund
2017-10-16 17:00:00
Middle Market Digest: This Week in Southwest
2017-10-12 17:00:00
Bascom Group Acquires 76-Unit Multifamily in Monterey, California for $16,700,000
2017-09-20 17:00:00
Bascom Group Acquires Infill Apartment Community for $16.7 Million in Monterey, California
2017-09-20 17:00:00
Middle Market Digest: Southwest
2017-09-18 17:00:00
Bascom sells 63-unit apartment complex in Glendale for $20M
2017-08-10 17:00:00
Arcadia Cove Apartments Owner Upgrades Property, Reaps Strong Return On Sale
2017-07-11 17:00:00
Tustin Corporate Center Changes Hands
2017-06-25 17:00:00
A Different Approach to OC Office Redux
2017-06-20 17:00:00
Inglewood stadium investor purchases distressed former Rams HQ for $15M
2017-06-19 17:00:00
Why So Much Private Equity is Shifting to Multifamily
2017-05-21 17:00:00
Talonvest Negotiates $20 Million in Acquisition Loans for Two Bascom Apartment Communities
2017-05-09 17:00:00
Middle Market Digest: This Week in Southwest
2017-05-04 17:00:00
Bascom Group Acquires 64-Unit Infill Apartment Community in South Bay Los Angeles Market
2017-05-03 17:00:00
Here’s what LA’s $10M-$30M investment sales market looked like this week
2017-04-30 17:00:00
Middle Market Digest: This Week in Southwest
2017-04-27 17:00:00
The Bascom Group Acquires 406-Unit Orange County Infill Apartment Community for $94 Million
2017-04-03 17:00:00
Bascom Group Forks Over $94M For Santa Ana's Villas At Tustin
2017-04-02 17:00:00
The OC Market Recovery Could Stretch Even Longer Under Trump
2017-03-05 16:00:00
Monterey Station lofts in Downtown Pomona sell for $85 million
2017-02-14 16:00:00
This Week's LA Deal Sheet
2017-02-13 16:00:00
The Bascom Group Acquires Apartment Community in Expanding Inland Empire Submarket
2017-01-15 16:00:00
Infrastructure Jolt Vaults San Antonio to Tourism/Investor Powerhouse
2017-01-11 16:00:00
Bascom Group Acquires 280-Unit Apartment Community in Affluent Submarket of San Antonio
2017-01-11 16:00:00
The Bascom Group Acquires 252-Unit Luxury Apartment Community in Las Vegas, Nevada
2017-01-04 16:00:00
Bascom Group Acquires 90-Unit Pebble Cove Apartment Community in Las Vegas, Nevada for $9.1 Million
2017-01-02 16:00:00
Spirit Bascom Ventures Acquires Iconic 160-Unit Mixed Use Multifamily Building in Chicago
2016-12-11 16:00:00
How Flexibility Is Winning the Best Deals
2016-11-20 16:00:00
Bascom Group Completes Acquisition of Uniquely Positioned Apartment Community in Vista, California
2016-11-14 16:00:00
2016 Breaks New Records for Multifamily
2016-11-13 16:00:00
Bascom/Oaktree Venture Acquires 196-Unit Luxury Apartment Community in Tucson, Arizona
2016-11-01 17:00:00
Will the Multifamily Runway Ever End?
2016-10-18 17:00:00
Denver Apartment Property Sells For Record $350M
2016-10-05 17:00:00
Are Institutions Pulling Out of the Apartment Market?
2016-10-05 17:00:00
Koelbel and Co. Sells Majority Share of Breakers Resort
2016-10-04 17:00:00
Bascom Group Acquires Trellis Park Crossroads Apartment Community in Las Vegas for $35.35 Million
2016-09-29 17:00:00
The Bascom Group Acquires 260-Unit Garden Apartment Community in Hot North Dallas Market
2016-09-01 17:00:00
Bascom Group Completes Acquisition of 152-Unit Apartment Community in Southern California
2016-08-07 17:00:00
Bascom Group and Village Partners Form New Venture to Create Urban Infill Multifamily Developments
2016-07-05 17:00:00
Bascom Group Buys 192-Unit Garden Apartment Community in Fremont, California for $63 Million
2016-06-30 17:00:00
The Bascom Group Acquires 300-Unit Multifamily Community in Fast Growing Austin, Texas Submarket
2016-06-06 17:00:00
Migration North Dictates Additional Quality Rentals
2016-06-02 17:00:00
CIT provides USD35m financing for Bascom Group and Oaktree
2016-05-27 02:00:00
CIT Provides $35 Million in Financing for 368-Unit Bascom Group Acquisition in Sacramento, California
2016-05-26 17:00:00
Camden Property Trust to Sell $630M Vegas Portfolio
2016-05-01 17:00:00
Juniper Terrace Latest Asset to Be Acquired by Bascom
2016-04-24 17:00:00
Bascom Closes Acquires Juniper Terrace Apartment Community in Escondido, California for $7.7 Million
2016-04-12 17:00:00
Bascom San Francisco Acquires a 368-Unit Multifamily Community in Sacramento, California
2016-03-21 17:00:00
Spirit Bascom Ventures Acquires Two Multifamily Communities Totaling 838-Units in Nashville Market
2016-02-10 16:00:00
The Bascom Group Completes Acquisition of 308-Unit Apartment Community in Henderson, Nevada
2015-11-26 16:00:00
Chicago Mixed-Use Redevelopment Commands $21.6M
2015-11-24 16:00:00
The Bascom Group Acquires Fourth Multifamily Community Using New Private Capital Platform
2015-11-19 16:00:00
Bascom/Oaktree Venture Acquire 336-Unit Apartment Community in Denver, Colorado
2015-11-09 16:00:00
The Bascom Group Makes $200,000 Per-Unit Buy in Tight San Diego Apartment Market
2015-10-07 17:00:00
Lux Rental Community Changes Hands
2015-09-23 05:30:00
Bascom Group Acquires 157-Unit Apartment Community in Arvada, Colorado for $21.6 Million
2015-09-03 17:00:00
Transwestern Arranges for Flex Office
2015-08-31 01:11:00
Bascom Group Acquires 436-Unit Towns of Riverside Apartment Community in Dallas Submarket
2015-08-27 17:00:00
Bascom Group Acquires GP MF Community
2015-08-23 17:00:00
Bascom Acquires Mixed Use Apartment Community in Santa Ana, California for $8.55 Million
2015-08-16 17:00:00
Medical Office Rents Climb High
2015-08-12 07:15:00
Bascom Acquires 344-Unit Independent Senior Living Apartment Community in Fontana, California
2015-08-02 17:00:00
Appetite Strong for Workforce Housing
2015-07-22 17:00:00
Bascom Group Acquires 112-Unit Vintage Apartment Community in Downey, California
2015-07-21 17:00:00
Downey Market Is An Investor Haven
2015-07-17 07:46:00
Middle East family partners on purchase of Beatrice Inn building in West Village
2015-07-06 17:00:00
372-Unit Apartment Complex Fetches $50M
2015-06-02 07:36:00
Bascom Group Acquires 183-Unit Senior Apartment Community in Las Vegas, Nevada
2015-05-28 17:00:00
Bascom Acquires Rose Villas Apartments in Long Beach Under New Private Capital Platform
2015-05-18 17:00:00
Flexibility is Key on MOB Campuses
2015-04-20 17:00:00
Partnership Plans New Med-Office Campus
2015-04-13 08:12:00
Bascom/Oaktree Joint Venture Acquires 288-Unit Apartment Community in Henderson, Nevada
2015-03-31 17:00:00
Vegas-Area Multifamily Trades
2015-03-26 02:53:00
Bascom Group/Carlyle Realty Close $45.1 Million 220-Unit Apartment Deal in San Francisco Area
2015-03-23 17:00:00
Bridgecourt Apartments Acquired by Partnership
2015-03-19 05:01:00
Office Users Pay Big for Modern Workspaces
2015-03-16 06:50:00
Bascom/Oaktree Venture Acquires 480-Unit Apartment Community in Dallas, Texas Suburb
2015-02-19 16:00:00
Bascom/Oaktree Venture Buys Denton Apts.
2015-02-16 16:00:00
Denver Area 604-unit MF Community Moves
2014-11-20 16:00:00
Spirit Bascom Ventures Acquires 232-Unit Apartment Community in Sandy Springs, Georgia
2014-11-13 16:00:00
Bascom/Oaktree Venture Closes 408-Unit Luxury Apartment Community in Glendale, Arizona
2014-11-06 16:00:00
Glendale Multifamily Asset Goes for $40M
2014-11-05 16:00:00
Center for Real Estate Honors Three
2014-10-31 05:29:00
Bascom Acquires Luxury Loft Style Apartment Community in San Pedro, California
2014-10-29 17:00:00
San Pedro Bank Lofts Trade for $24M
2014-10-27 17:00:00
Bascom Group Closes $8.45 Million 112-Unit Apartment Community in Denver, Colorado
2014-10-23 17:00:00
Bascom Group/Carlyle Realty Close $39.9 Million 584-Unit Apartment Portfolio in Las Vegas, Nevada
2014-10-14 17:00:00
CIT Provides $32 Million in Financing to Spirit Bascom Ventures for 444-Unit Multifamily Acquisition
2014-09-18 17:00:00
Why Foreign Buyers Love US Multifamily
2014-09-17 01:24:00
Auction.com Appoints Chief Legal Officer
2014-08-29 01:53:00
Bascom Group Acquires Apartments in Downtown Santa Ana with Plans to Upgrade Interiors
2014-08-21 17:00:00
Gerrity Acquires Two Malls for $77M
2014-08-15 01:37:00
Bascom/Oaktree Venture Acquires Reserve at Heritage Oaks
2014-08-13 08:43:00
REDA Launches Two Industrial Builds
2014-07-22 07:33:00
OC, SD Apt. Deliveries to Impact Operations
2014-07-03 02:02:00
Bascom/Oaktree JV to Purchase $250M in M-F Properties Throughout U.S.
2014-07-02 17:00:00
Bascom and Oaktree Acquire 320-Unit Southern California Apartment Community for $43.2 Million
2014-07-02 17:00:00
$250M Venture Launched With SoCal Buy
2014-06-30 07:38:00
Bascom Group Acquires 252-Unit Sierra at Fall Creek Apartment Community in Houston, Texas
2014-06-18 17:00:00
Sierra at Fall Creek Trades Hands
2014-06-16 17:00:00
Best Projects Have a Story, Developers Say
2014-06-08 17:00:00
Bascom Closes First Multifamily Acquisition Under New Private Capital Platform in Los Angeles
2014-05-29 17:00:00
Bascom Completes Acquisition of 138-Unit Vintage Apartment Community in Whittier, California
2014-04-06 17:00:00
Bascom Acquires 222-Unit Class "A" Apartment Community in Las Vegas, Nevada for $22.47 Million
2014-03-30 17:00:00
Bascom closes second discretionary fund
2014-02-27 06:14:00
Bascom Closes Discretionary Fund II Targeted for $300 Million of Value Added Multifamily Acquisitions
2014-02-26 16:00:00
Bascom Closes $300M Value-Add MF Fund
2014-02-25 08:18:00
Greystone Provides $38.8 Million in HUD Financing for Multifamily Development in San Antonio, Texas
2014-02-18 16:00:00
Bascom Acquires 114-Unit Apartment Community in Huntington Beach, California for $19 Million
2014-02-11 16:00:00
Spirit Bascom Ventures Acquires Second Metro New York Multifamily Property for $33.05 Million
2013-12-22 16:00:00
Spirit Bascom Buys Rockland County MF Property for $33M
2013-12-17 16:00:00
Onsite Property Managers: An Essential
2013-10-18 07:10:00
JV Acquires 16 Acres for Industrial, Distribution Center Development
2013-10-15 04:55:00
Mercer at Warner Center Fetches $88M
2013-10-11 09:05:00
Broadstone Montecito Multifamily Acquired by Bascom Group
2013-09-24 03:14:00
Old Town Center Changes Hands
2013-09-12 17:00:00
Realm Scores $48M for TOD Build
2013-08-22 17:00:00
Campbell Plaza Apartments Change Hands
2013-08-22 17:00:00
Bascom Arizona Ventures Acquires 226-Unit Luxury Apartment Community in Prescott Valley, Arizona
2013-07-25 17:00:00
Mesa West Capital Provides $59.3 Million to Refinance Oasis at Wapiahu Apartment Community in Hawaii
2013-07-22 17:00:00
400-Unit M-F Asset in Hawaii Gets $59M in Financing
2013-07-22 17:00:00
Bascom Arizona Buys 226-Unit Luxury Apartment Complex
2013-07-19 04:33:00
The Bascom Group Acquires 121-Unit Apartment Community in Campbell, California for $27.6 Million
2013-07-02 17:00:00
Bascom Acquires 432-Unit Arcadia Cove Luxury Apartment Community in Phoenix, Arizona
2013-06-18 17:00:00
The Bascom Group Acquires 175-Unit Andalucia Apartment Community in Palm Springs, California
2013-06-11 17:00:00
HFF Arranges $230M for The Breakers Resort
2013-04-09 02:25:00
Bascom Continues to Acquire Multifamily Communities in Arizona with Purchase of Two More Properties
2013-03-06 16:00:00
Bascom Continues Arizona Buying Spree with Purchase of 272-Unit The Highlands Apartments
2013-03-03 16:00:00
Bascom Continues Arizona Buying Spree with Closing on 194-Unit Apartment Community in Flagstaff
2013-01-28 16:00:00
Largest Owner-User Transaction Closes
2013-01-11 06:32:00
Spirit Bascom Ventures Acquires 136-Unit Mixed Use South Norwalk Community for $43.3 Million
2012-12-17 16:00:00
Bascom Closes 96-Unit Peppertree Park Apartment Community in West Valley, UT for $6,150,000
2012-12-12 16:00:00
The Bascom Group Closes Off-Market 228-Unit Apartment Community in Colorado
2012-10-04 17:00:00
The Bascom Group is Awarded 2012 MHN Silver Place for Community of The Year
2012-10-03 17:00:00
Bascom Continues Arizona Multifamily Buying Spree
2012-09-27 17:00:00
Bascom Closes $185 Million Multifamily Fund
2012-09-26 17:00:00
Bascom Acquires 301-Unit Arizona Community
2012-09-04 17:00:00
MG Properties Group Completes Two Acquisitions
2012-07-10 17:00:00
Bascom Expands Portfolio With 250-Unit Acquisition
2012-06-12 17:00:00
Bascom Acquires 272-Unit Villas at Monterey in Dallas
2012-04-03 17:00:00
Bascom Group Acquires 406-Unit Hawaii Apartment Community for $74M
2012-03-14 17:00:00
Hawaii Apartment Community Sells for $73.5 Million
2012-03-13 17:00:00
Bascom Makes 492-Unit Denver Buy for $28 Million
2012-03-12 17:00:00
Bascom Acquires 128-Unit Apartment Community
2012-03-05 16:00:00
Bascom Acquires 207-Unit Georgia Community
2012-02-01 16:00:00
Spirit, Bascom Create Multifamily Acquisition Venture
2012-01-12 16:00:00
Refi Alert: $56M for Honolulu Multi-Family, $47.5M for Renaissance Raleigh
2011-09-20 17:00:00
Bascom Group Exceeds $500 Million in Renovations
2011-07-14 17:00:00
Bascom Closes 840-Unit $31.65MM Portfolio in Denver
2011-06-15 17:00:00
Bascom Group Acquires 183-Units in Dallas
2011-04-21 17:00:00
Bascom Group Creates Awareness for UNICEF
2011-01-06 16:00:00
Bascom Group Wins Grand Prize for Renovations
2010-10-12 17:00:00
Bascom Completes All-Cash Foreclosure Buy
2010-09-12 17:00:00
Bascom Closes On Distressed Denver Apartments
2010-08-08 17:00:00
Real Estate Development Associates (REDA)
Shubin Nadal
Chenco Holdings
The Magellan Group
Realm
Oaktree Capital Management
HFF
Talonvest Capital Inc.
Harbor Associates
Key Focus Areas
Acquisitions
Asset Management
Construction
Dispositions
Due Diligence
Financial Analysis
Leasing
Private Equity Real Estate
Property Management
Real Estate Investing