The Bascom Group Acquires 183-Unit Value-Add Apartment Community In Buena Park, California For $53.125 Million
United States, 15th Jul 2026 – The Bascom Group, LLC (“Bascom”) has acquired Castlewood Park Apartments, a low-density, 183-unit value-add apartment community in the highly desirable Orange County investment market of Buena Park, California. The purchase price was $53,125,000, or $290,301 per unit. Brian Eisendrath, Cameron Chalfant, Jesse Zarouk, and Jake Vitta of IPA Capital Markets arranged the acquisition financing, with Brightspire Capital, Inc. The IPA Investment Sales team led by Kevin Green and Joe Grabiec represented the seller. AMC will provide property management services for the community, while SD-Cap will oversee the planned property renovations.
Originally constructed in 1963, Castlewood Park Apartments offers many of the characteristics that are difficult to replicate in ...
