Multifamily From a Cycle-Tested Manager
A value-add multifamily investor focused on growing cash flow and managing downside across market cycles..
✔ 30 years, multiple cycles - Operating since 1996, through 2008 and COVID
✔ Skin in the game - Bascom invests roughly 5% GP capital in every fund and its team invests personally
We Believe This Entry Point Matters
✔ Multifamily prices are down 20-30% from peak
✔ New supply is declining, fewer units are being built
✔ Lenders are forcing distressed sales as loan extensions expire
✔ Lack of housing affordability keeps demand strong even in downturns
Built by a Team That's Been Here Before
Founded in 1996
30 years of multifamily acquisitions across every major market cycle, generating 25% IRR throughout company history
Cycle-tested Fund leadership
Managed through the 2008 financial crisis and pandemic
Team tenure averages 16+ years
Low turnover, deep institutional knowledge, aligned with long-term outcomes
We Focus on Managing Risks First, Not Just Upside Potential
Hold Flexibility
Average property hold period is 4.6 years, with Fund term measuring five years (excludes extensions).
We believe our Fund's term provides flexibility if sale environments are unfavorable.
No Fund-Level Additional Capital Calls
Track record across all funds. Large cash reserves built-up at the Fund and property level.
No additional Fund Program capital calls made to any Fund including during the pandemic.
NOI-Driven Returns
Fund V grew NOI 33% during the downturn with no Fund-level capital calls. Returns are driven by operations, not market timing.
Conservative Underwriting
Every deal is underwritten to downside scenarios first. Return projections come after risk analysis, not before.
Alignment Built Into the Structure
FAQs
Questions RIAs Ask About Fund VI
How do I explain this investment opportunity to clients during a real estate downturn?
Focus on what's controllable: NOI growth through renovations and management improvements. Point to Fund V - acquired at market peak, grew NOI 33% with no Fund-level capital calls during the downturn. Bascom doesn't bet on appreciation. They create value operationally.
Will clients be comfortable with the illiquidity?
Most are, once they understand the tradeoff. The Fund term is five years, and our historical property hold period averages 4.6 years. Clients are locking up capital in exchange for access to institutional-quality execution at a discounted entry point — that's a story that resonates, especially when backed by a realized track record of 100%+ capital returned across every closed fund.
How does the promote structure impact net returns?
Investors get 7% non-compounded preferred return first. Then 80/20 split up to 14%, 70/30 above. Compare this to our net realized IRRs (16-26% across closed funds). The promote is earned, not extracted.
What materials can I share with my clients to explain this investment?
You'll receive a one-page fund summary, simplified fact sheets for each property, and quarterly performance updates written in plain language (not financial jargon). We also provide a client-ready deck that explains the value-add multifamily strategy, market opportunity, and risk factors in terms your clients can understand. Our job is to make you look informed, not force you to translate sponsor-speak.
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Want to reach out to our team directly?
Chad Sanderson, Senior Principal of Business Development & Acquisitions
Joseph Ferguson, Vice President of Acquisitions