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Our Firm

News

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

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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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History

Bascom_Hall
Bascom Hill, Madison, Wisconsin

The Bascom Group (named after "Bascom Hill," upon which the University of Wisconsin Business Schools sits) was founded by three University of Wisconsin alumni, Derek Chen, Jerome Fink, and David Kim in 1996 in the midst of the savings and loan meltdown. Their initial business plan was to acquire and re-position 300 to 500 unit apartment buildings by implementing value-add renovations and community outreach programs. In 1996, the Bascom Group acquired their first property, a 58-unit property later called "Ontario Plaza." From there, they went on to develop into California, Arizona, Hawaii, the Pacific Northwest, Colorado, Utah, Texas and other select markets across the U.S.