February 05, 2026
LOS ANGELES, CA - Bascom Northwest Ventures announced the sale of Tempo at Riverpark Apartments. The 235-unit property was sold by a Bascom affiliated venture for $105,000,000 to a venture led by Hines. Tempo at Riverpark is located less than a mile from the Pacific Ocean in Oxnard, California and just outside Los Angeles.
Bascom Value Added Apartment Investors Fund IV ("Fund IV"), an affiliate of The Bascom Group, LLC, and a private investment group led by Bascom Northwest purchased property for $75,250,000 in 2018. Brian Wirtz, Managing Director of Bascom Northwest, assisted throughout the...