The Bascom Group, LLC
Overview
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, Bascom has completed over $22.8 billion in multifamily value-added transactions, encompassing 360 multifamily community acquisitions and 110,000 units. The firm sources value-added and distressed properties through foreclosure, bankruptcy, or short sales, repositioning them by adding extensive capital improvements, improving revenue, and reducing expenses through institutional-quality property management. Bascom's investment strategy focuses on acquiring properties with significant upside potential, implementing capital improvements, and enhancing operational efficiencies. The firm has a diverse portfolio, including subsidiaries and joint ventures such as Bascom Arizona Ventures, Bascom Northwest Ventures, Harbor Associates, Premier Workspaces, and Real Estate Development Associates. Notably, Bascom has ranked among the top 50 multifamily owners in the U.S., reflecting its active presence in the real estate investment sector. In recent years, Bascom has continued to expand its portfolio with strategic acquisitions. In December 2024, the firm acquired 2300 Elliott, a 92-unit multifamily community in Seattle's Belltown submarket. In August 2024, Bascom acquired Old River Place, a 249-unit build-to-rent multifamily property in Bakersfield, California. These acquisitions demonstrate Bascom's commitment to enhancing its portfolio and capitalizing on growth opportunities in key markets across the United States.
Investment Focus
- Properties with potential for value addition
- Opportunities in distressed real estate markets
- Assets suitable for repositioning and operational improvements
- Properties with value-add potential
- Distressed assets
- Opportunities for capital improvements and operational efficiencies
Portfolio Companies
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Unlock full contacts →Frequently asked questions about The Bascom Group, LLC
What sectors does The Bascom Group, LLC invest in?
The Bascom Group, LLC invests in Financial Services and Real Estate, and is based in California, United States. The Bascom Group, LLC is listed as a private investment firm in the ConnectSafely investor database.
What stage does The Bascom Group, LLC invest at?
The Bascom Group, LLC backs companies at Growth, Late Stage, Buyout, Turnaround and Distressed, writing cheques of 50M - 500M.
Which regions does The Bascom Group, LLC invest in?
The Bascom Group, LLC invests across United States.
What companies has The Bascom Group, LLC invested in?
The Bascom Group, LLC's portfolio includes 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 and Bascom Value Added Apartment Investors VI, LLC.
Last updated · Source: ConnectSafely investor database
