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  • All Cash - Harbor Closes Distressed Foreclosure Sale

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  • Harbor Closes Distressed Liquidation Sale in 25 Days

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  • Real Estate Briefly: Bascom Group Acquires Torrance Apartments

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  • Bascom Group Nabs $94M Orange County Community

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Results: 118 Articles found.

All Cash - Harbor Closes Distressed Foreclosure Sale

LONG BEACH, Calif., June 22, 2017 /PRNewswire/ -- Harbor Associates, LLC ("Harbor") has acquired Tustin Corporate, a 43,517 square foot office building located at 18302 Irvine Boulevard, Tustin, California in an all cash transaction with The Bascom Group, LLC ("Bascom"). Harbor acquired the asset through a distressed on-line auction bid process from an out of state special servicer. This transaction marks the eighth value-add office acquisition for Harbor in the last two years and second acquisition for the firm in the last 10 days, coming on the heels of the firm's acquisition of Bespoke Century City in West LA.

 

Harbor Closes Distressed Liquidation Sale in 25 Days

LONG BEACH, Calif., June 15, 2017 /PRNewswire/ -- Harbor Associates, LLC ("Harbor") has acquired 10281 W. Pico Blvd., a 33,000 square foot office building located in Century City in a joint venture with Stockbridge Capital Group ("Stockbridge"). Harbor acquired the asset through a distressed liquidation sale and purchased the property in 25 days. This transaction marks the seventh value-add office acquisition for Harbor in the last two years and expands the firm's existing footprint in Southern California. Kevin Shannon and Rob Hannan with NGKF represented the buyer and seller in the transaction.​

 

Real Estate Briefly: Bascom Group Acquires Torrance Apartments

The Bascom Group in Irvine has acquired Harvard Villa Apartments, a 64-unit infill apartment community in Torrance for $14 million.The deal closed April 27. Hooman Emanuel of Emanuel Real Estate Group represented the seller. Erich Pryor and Thomas Sherlock with Talonvest Capital arranged the $11.45 million loan from TCF National Bank. James D’Argenio and Chang Liu sourced and managed the acquisition for Bascom. Harvard Villa marks Bascom’s 37th multifamily property closed in Los Angeles County and its 167th multifamily property closed in California, according to the company.

 
 
Results: 118 Articles found.