Bascom Northwest Ventures

Overview

Bascom Northwest Ventures is a private investment firm focusing on multifamily real estate investments in urban infill markets along the West Coast of the United States. The firm targets properties with values between $10 million and $150 million, primarily in Northern California, Washington, Oregon, and Utah. The firm's investment strategy involves acquiring and redeveloping large apartment communities, implementing capital improvements, and enhancing operational efficiencies to increase income and property value. Since its inception in 2003, Bascom Northwest Ventures has acquired over 6,200 units with a total consideration of $500 million. Notable acquisitions include the 260-unit Class-A apartment community at 1000 South Broadway in Denver, Colorado, purchased for $90.5 million in 2019, and the 235-unit Tempo at Riverpark Apartments in Oxnard, California, sold for $105 million in 2026. The firm's leadership includes Managing Partner Brian Wirtz, who has been acquiring and redeveloping large apartment communities for nearly 30 years, and Director of Asset Management David Schafer, who joined the team in March 2024. Under their guidance, Bascom Northwest Ventures continues to focus on transforming multifamily properties into vibrant communities that appeal to today's successful professionals.

Investment Focus

• Properties with values between $10 million and $150 million
• Located in urban infill markets along the West Coast of the United States
• Opportunities for capital improvements and operational efficiencies

Portfolio Companies