Meridian Investment Group has entered a programmatic joint venture with The Bascom Group, LLC, and its holdings company. Meridian Founder and Managing Partner Ian Hafner is excited to continue his 15-year partnership with Bascom, which has involved over $1.2 billion in real estate investments. Meridian Bascom Ventures is a wholly owned, privately funded firm with no corporate debt and is eager to deploy its capital.

About The Bascom Group, LLC:  Bascom is a private equity firm specializing in value-added multifamily, commercial, and non-performing loans and real estate-related investments and operating companies. Bascom sources value-added and distressed properties, including many through foreclosure, bankruptcy, or short sales, and repositions them by adding capital improvements, improving revenue, and reducing expenses by realizing operational efficiencies by implementing institutional-quality property management. Bascom, founded by principals Derek Chen, Jerry Fink, and David Kim, is one of the most active and seasoned buyers and operators of apartment communities in the U.S.  Since 1996, Bascom has completed over $22.0 billion in multifamily value-added transactions encompassing 363 multifamily properties and over 105,000 units. Bascom’s commercial transaction volume is $5.8 billion in total, amounting to over 23.4 million square feet. Bascom has ranked among the top 50 multifamily owners in the U.S. Bascom’s subsidiaries, and joint ventures include the Bascom Value Added Apartment Investors, Shubin Nadal Associates, Spirit Bascom Ventures, REDA Bascom Ventures, Bascom Northwest Ventures, Bascom Arizona Ventures, Harbor Associates, Village Partners Ventures, and Realm Group. Bascom’s subsidiaries include Premier Workspaces, one of the largest privately held executive suite, coworking, and shared workspace companies in the U.S.

For additional information, please visit https://bascomgroup.com/