Bascom Group acquires Torrance apartments; Goldrich Kest seeking participants for 60 Acts of Kindness campaign – Orange County Register

Transactions

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.

New ventures

Tustin-based New American Funding is expanding into Naperville, Ill. This newest branch marks the second Chicago-area opening for the mortgage company in six months. The Naperville branch will be a full-service…

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