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6/30/16
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Two Orange County-based real estate firms, The Bascom Group LLC and Village Partners Inc, have formed a joint venture called Village Partners Ventures LLC. Village Partners Ventures will target transit-oriented and mixed-use multifamily development opportunities in Southern California with plans to invest $200 mil over the next four years.
Village Partners Ventures will focus on transit-oriented multifamily developments to take advantage of the region’s changing housing demands and growing public transportation alternatives.
The new venture has under contract and is processing entitlements on a six-acre, transit-oriented development site near the I-210 tech corridor in the San Gabriel Valley. The firm is also negotiating to acquire a number of other sites including a smaller transit-oriented development site in north Orange County.
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