Bounce Back: Multifamily Firms Emerge From Recession

Bounce Back: Multifamily Firms Emerge From Recession

In Phoenix, not all apartment companies are created equal in the scope of the market recovery. An Arizona court of equity has cleared the way for a 3,000-unit, seven-property apartment portfolio previously operated by the Bethany Group to be sold out of receivership, says Bill Hoffman, president and founder of San Diego, Calif.-based Trigild, the […]

Apartment rents hitting bottom

Scott R. McClave is a principal of transactions and finance for The Bascom Group, an Irvine-based investment firm that manages over 30,000 units of apartments in 10 states. McClave is involved with the acquisitions, financing, and dispositions of apartment buildings, which the company renovates, rents up and, ultimately, sells after a number of years. But […]

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 […]