The Bascom Group
Real EstateCalifornia, United States11-50 Employees
Since 1996, The Bascom Group has been a private equity firm specializing in value-added multifamily, commercial properties, non-performing loans, and real estate-related investments and operating companies. As one of the most active and seasoned buyers and operators of apartment communities in the U.S., we identify undervalued and distressed assets and reposition them for long-term performance. Our Approach: We source value-added and distressed properties through strategic relationships, foreclosure, bankruptcy, and short sales. By adding extensive capital improvements, improving revenue, and reducing expenses through realizing operational efficiencies and implementing institutional-quality property management, we transform properties into high-performing assets. Track Record: - $22.8B+ in multifamily value-added transactions since inception - 360+ acquisitions | 110,000+ units - 42% of communities achieved 30%+ gross IRR - Ranked among the top 50 multifamily owners in the U.S. Our Platform: Subsidiaries and joint ventures include Bascom Value Added Apartment Investors, Bascom Arizona Ventures, Bascom Northwest Ventures, Harbor Associates, Spirit Bascom Ventures, REDA, Shubin Nadal Associates, Village Partners Ventures, The Realm Group, and Premier Workspaces; one of the largest privately held executive suite and coworking companies in the U.S. Founded by Derek Chen, Jerry Fink, and David Kim Let's Build Something Enduring.