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Bascom Group Continues Buying Spree With Acquisition of 140-Unit Multifamily Portfolio in Los Angeles Northridge Neighborhood

IRVINE, CA - The Bascom Group has acquired a two-property, 140-unit multifamily portfolio located in the Northridge neighborhood of the City of Los Angeles. The properties, NMS Northridge and NMS Superior, boast large floorplans consisting of mostly two- and three-bedrooms with each unit receiving a private 2-car garage or two spaces of structured parking. The properties are centrally-located within the San Fernando Valley and sit adjacent to California State University – Northridge.

Bascom Group Extends Buying Spree Into 2022 With 140 Unit California Multifamily Acquisition

/PRNewswire/ The Bascom Group, LLC ("Bascom") has acquired a two-property, 140-unit multifamily portfolio located in the Northridge neighborhood of the City.

Bascom Group Expands Presence in San Diego Area with Acquisition 80-Unit Echo Pointe Apartment Community in La Mesa, California

IRVINE, CA - The Bascom Group has acquired an 80-unit multifamily community within the broader San Diego market. The property, Echo Pointe Apartments, consists of large, two- and three-bedroom floorplans across 20 fourplex buildings in centrally-located La Mesa, California. Bascom purchased the 80-unit property for $26,800,000, or $355,000 per unit. Brightspire Capital (fka Colony Capital) provided the debt financing for the acquisition and was arranged by Brian Eisendrath, Cameron Chalfant,.

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