Bascom Group Grows SoCal Portfolio

The Bascom Group has acquired Atrium Apartments, a 39-unit apartment community in El Monte. The property traded hands for $9.7 million or $312 per square foot.

Since 1996, Bascom and its affiliates have acquired 331 multifamily properties throughout the United States, totaling more than 85,000 units. Atrium marks Bascom’s 39th multifamily property closed in Los Angeles County and its 169th multifamily property closed in California.

Priscilla Nee and Eric Chen with CBRE brokered the transaction. James D’Argenio and Chang Liu sourced and managed the acquisition for Bascom.