S&P 5007,675.70▼0.0% Nasdaq26,130.20▼0.1% Dow53,463.88▼0.2% Russell 2K3,005.90▼0.1% 10-Yr4.66%+3bp VIX15.21−0.24 WTI$81.58▼0.9% Gold$4,666.20▲0.6% EUR/USD1.166▼0.1% BTC$78,800▲0.3% Nikkei66,212▼0.1%
At close · Thu, Aug 27, 2026
Daily Market Updates.

Real Estate

Home›Real Estate›Residential›Bascom completes $8.5 million refinancing for 133-unit…

Bascom completes $8.5 million refinancing for 133-unit Charleston Apartments

The refinancing covers The Charleston Apartments, a 1924-era historic multifamily property in Los Angeles’ Westlake neighborhood, and CalPrivate Bank provided the debt.

Reported · Written up by our desk · Residential

ConnectCRE reports that Bascom Group, LLC has completed an $8.5-million refinancing for The Charleston Apartments, a 133-unit historic multifamily community in Los Angeles’ Westlake neighborhood.

The transaction was arranged for Bascom by Marcus & Millichap Capital Corporation, with Michael Derk, Daizy Gomez, Linsey Farrahi and Zack Metzner involved in the financing process.

CalPrivate Bank provided the loan, with Anthony Lopo, senior relationship manager, represented the bank for the deal, according to ConnectCRE.

Property management at The Charleston Apartments is overseen by Ingenious Asset Group, Inc., the outlet added.

← Newer storyAI competition between the US and China raises stakes for ASEAN

More like this

Real EstateHome prices rose 2.1% in June as mortgage rates stabilized near 6.5%
Real EstateFive renter-friendly upgrades to make a rental feel like home
Real EstateHawkins Way JV buys East Village student housing for $51.5 million
Real EstateLife sciences property rents fall as vacancy rises in the U.S.
Real EstateIndiana storms kill seven, displace 1,000 and leave hundreds of thousands without power

Sources

ConnectCREBascom Refis Historic Apartments in LA’s Westlake District

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.