Despite Industry-wide Optimism, Rehab Still Doesn’t Pencil Out
Despite the general optimism in the multifamily industry, rehab still isn’t penciling out. Modest improvements in occupancies and rents aren’t enough to push the rehab gate
Property Managers Control Costs and Boost NOI Through Ancillary Income, Technology
As rents continue to fluctuate from quarter to quarter, property managers are working hard to keep NOI at its maximum level. At the MFE Conference last week in Las Vegas, a panel o
The Bascom Group Wins Grand Prize in Renovations Category at the 2010 Multi-Family Executive Conference
IRVINE, Calif., Oct. 13 /PRNewswire/ — The Bascom Group was awarded the grand prize in the Renovations category at the 2010 Multi-Family Executive Conference for the renovati
Susan M. Ansel, Jared Miller, Alliance Residential Win Big at the 2010 Multifamily Executive Awards
WASHINGTON, D.C.—Gables Residential executive vice president and chief operating officer Susan M. Ansel was named the 2010 Executive of the Year by MULTIFAMILY EXECUTIVE magazine
Malls Regain Allure Amid Continued Economic Gloom
Mall buyers will focus either on well-performing and stabilized properties, or anemic and value-added space in coming months. Until financing becomes readily available for all mall
Sales Out of Receivership Expected to Increase
Favorable court precedents and evasion of foreclosure spurn multifamily sell-off from court-appointed asset receivers. By:Chris Wood Read More
Bascom Group Completes All-Cash Foreclosure Auction Purchase in the Sandy Springs Submarket in Atlanta, Georgia
IRVINE, Calif., Sept. 10 /PRNewswire/ — The Bascom Group, LLC (“Bascom”) acquired The Parc at Dunwoody Apartments for $10.0MM ($32,051 per unit). Bascom purchased
Bascom Closes a $7,900,000 Distressed Lender Foreclosure Apartment Community in Denver, Colorado
IRVINE, Calif., Aug. 9 /PRNewswire/ — The Bascom Group, LLC has acquired the Maples at Crestwood Apartments, a 300-unit community in Denver, Colorado for $7,900,000 ($26,333
Bascom Group Acquires a Distressed 360-Unit Luxury Class A Apartment Community in San Antonio, Texas in Receivership
IRVINE, Calif., Aug. 31 /PRNewswire/ — The Bascom Group, LLC (“Bascom”) has acquired The Retreat at Canyon Springs Apartments, a 360-unit luxury Class A property