In 1996, Derek Chen, Jerome Fink, and David Kim founded The Bascom Group, LLC (‘Bascom’), a private equity firm specializing in multifamily, commercial, non-performing loans, and real estate related investments and operating companies. Bascom sources value-add and distressed properties through foreclosure, bankruptcy, or short sales, and repositions them by adding extensive capital improvements, improving revenue, and reducing expenses using institutional-quality property management.
The Bascom Group, LLC
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