The same owners as last year top the charts – but with lower unit counts

The same owners as last year top the charts – but with lower unit counts

The county’s largest minority-owned businesses are coming off a tough 2009 by hiring in anticipation of a better 2010. This week’s Business Journal list of 50 minority-owned businesses saw about 125 local workers added in the past 12 months—most in recent months—for a total of 8,323 workers in Orange County. Total hiring here and across […]

Bascom Cuts Costs, Increases Tenant Outreach to Face Weakened Economy

Irvine, Calif.–The Bascom Group LLC, a private apartment owner with a portfolio of 100 properties totaling more than 29,400 units nationwide, has reported an increase of 11.8 percent in its portfolio net operating income for the fourth of quarter of 2009, compared with the same period a year earlier. The company’s total portfolio income declined […]

The Bascom Group, LLC Increases Portfolio Net Operating Income by 11.8%

The Bascom Group, LLC, a private equity company with an apartment portfolio consisting of 100 properties and 29,442 units nationwide, has successfully increased their portfolio net operating income by an impressive 11.8% or $3.04 million (4th QTR ’08 vs. 4th QTR ’09). Despite declines in market rents of 8.6%, Bascom’s portfolio total income declined only […]

Orange County Register Q&A on OC Real Estate

Is now the time to get into real estate? Josh Needle thinks so. How else to learn the tough lessons that only come from working in a brutal market? Needle, 30, appears to be on the right path. He was named recipient of the first fellowship sponsored by the UC Irvine Center for Real Estate […]

2009 MFE Merit Awards

Denver is home to some of the greatest charities in the nation, but the economic downturn has forced these charities to turn to the local businesses for assistance. The Breakers Resort Apartment Homes, owned by the Irvine, Calif.-based The Bascom Group, stepped up to the call and has become involved in a number of community […]

First-Ever CRE- NAIOP SoCal Fellowship Recipient Selected

NAIOP SoCal is honored to congratulate Josh Needle, a MBA student for the Center For Real Estate at UC Irvine Paul Merage School of Business, as our 2009 CRE-NAIOP SoCal Fellowship recipient. The Fellowship offers a $7,500 financial award, which will be honored in the form of tuition over a period of three quarters beginning […]