Investment Details
Investor Type
Private Equity
Asset Class Focus
Real Estate, Distressed and Special Situations
Stage Focus
Buyout, Turnaround, Distressed
Geographical Focus
United States
Industries Focus
- Financial Services
- Real Estate
Investment Size:
10,000,000 to 50,000,000 USD
Investor Details Founded: 1996
The Bascom Group, LLC is a private equity firm specializing in value-added multifamily, commercial, and non-performing loans and real estate-related investments and operating companies. Founded in 1996 by Derek Chen, Jerome Fink, and David Kim, the firm focuses on sourcing value-add and distressed properties through foreclosure, bankruptcy, or short sales, and repositioning them by adding extensive capital improvements, improving revenue, and reducing expenses using institutional-quality property management. Since its inception, Bascom has completed over $22.8 billion in multifamily value-added transactions, encompassing 360 multifamily community acquisitions and 110,000 units. The firm's subsidiaries and joint ventures include Bascom Arizona Ventures, LLC; Bascom Northwest Ventures, LLC; Bascom Value Added Apartment Investors I, LLC; Bascom Value Added Apartment Investors II, LLC; Bascom Value Added Apartment Investors III, LLC; Bascom Value Added Apartment Investors IV, LLC; Bascom Value Added Apartment Investors V, LLC; Bascom Value Added Apartment Investors VI, LLC; Harbor Associates, LLC; Premier Workspaces, LLC; Real Estate Development Associates, LLC; Shubin Nadal & Associates, LLC; Spirit Bascom Ventures, LLC; The Realm Group, LLC; Village Partners Ventures, LLC; Consolidated Real Estate Strategies, LLC; and Meridian Bascom Ventures, LLC. The Bascom Group's investment strategy involves acquiring undervalued assets and enhancing their value through strategic improvements and operational efficiencies. The firm has a proven track record of transforming distressed properties into high-performing assets, contributing to the revitalization of communities and providing quality housing options. Bascom's commitment to integrity, partner alignment, and customer satisfaction has established it as a leading player in the real estate investment sector. The firm's approach combines deep market insights with a hands-on management style, ensuring that each investment is optimized for long-term success. By focusing on both financial returns and community impact, The Bascom Group continues to be a significant contributor to the real estate industry, demonstrating a dedication to excellence and sustainable growth.
The Bascom Group's portfolio spans various states across the U.S., reflecting its broad geographical focus. The firm's expertise in managing complex real estate transactions, including distressed assets, has enabled it to navigate diverse market conditions successfully. Through its subsidiaries and joint ventures, Bascom has expanded its reach and capabilities, allowing for a diversified investment approach that mitigates risk and maximizes potential returns. The firm's leadership team, with decades of combined experience, provides strategic direction and oversight, ensuring that each investment aligns with Bascom's core values and objectives. The Bascom Group's reputation for delivering value to investors, tenants, and communities underscores its position as a trusted and effective real estate investment firm.
In addition to its investment activities, The Bascom Group is committed to community engagement and corporate social responsibility. The firm actively participates in local initiatives, supports educational programs, and contributes to charitable organizations, reflecting its dedication to making a positive impact beyond financial performance. This holistic approach to business underscores Bascom's belief in the importance of community involvement and the role of responsible investment in fostering sustainable development. By integrating social responsibility into its business model, The Bascom Group demonstrates a comprehensive understanding of the interconnectedness between business success and community well-being.
Requirements
- Properties with potential for value addition
- Opportunities in distressed real estate markets
- Assets suitable for repositioning and operational improvements
Contact
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Portfolio Companies
- Bascom Arizona Ventures, LLC
- Bascom Northwest Ventures, LLC
- Bascom Value Added Apartment Investors I, LLC
- Bascom Value Added Apartment Investors II, LLC
- Bascom Value Added Apartment Investors III, LLC
- Bascom Value Added Apartment Investors IV, LLC
- Bascom Value Added Apartment Investors V, LLC
- Bascom Value Added Apartment Investors VI, LLC
- Harbor Associates, LLC
- Premier Workspaces, LLC
- Real Estate Development Associates, LLC
- Shubin Nadal & Associates, LLC
- Spirit Bascom Ventures, LLC
- The Realm Group, LLC
- Village Partners Ventures, LLC
- Consolidated Real Estate Strategies, LLC
- Meridian Bascom Ventures, LLC
Mentioned In
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$24.95
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$99.00
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$14.95
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