Jump to content
News

News

News

  • Bascom Arizona Ventures Sells Arcadia Cove Apartments For $71.5M

    read more
  • All Cash - Harbor Closes Distressed Foreclosure Sale

    read more
  • Harbor Closes Distressed Liquidation Sale in 25 Days

    read more
  • Real Estate Briefly: Bascom Group Acquires Torrance Apartments

    read more

News

 
Results: 119 Articles found.

Bascom Arizona Ventures Sells Arcadia Cove Apartments For $71.5M

Bascom Arizona Ventures (Bascom Group) completed the $71.5 million sale of Arcadia Cove Apartments in Phoenix, commanding $165,509 per unit. Arcadia Cove, built in 1996, is located at 2252 N. 44th St., and comprises 432 units. Bascom Arizona Ventures purchased the property in June 2013 for $40.725 million ($94,270 per unit).

 

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.​

 
 
Results: 119 Articles found.