IRVINE, CA-The Bascom Group LLC has closed its second fully discretionary real estate investment fund, Bascom Value Added Apartment Investors II LLC. The fund provides up to $300 million of buying power, with leverage, for value-added multifamily acquisitions across an 11-state region.

Bascom tells GlobeSt.com that the states in this region include Arizona, California, Colorado, Hawaii, Nevada, Oregon, Washington, Utah, Texas, Georgia and Florida.

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