The Bascom Company is augmenting its traditional renovation strategy to target assets with severe occupancy and rent distress in order to bring back units, meet market rent fundamentals, and extract maximum NOI to improve asset values. More
Part of the reason for the uptick in sales out of receivership have been recent court decisions (including the Bethany Group sale) regarding the legality of receiver sales, which some states specifically allow, other states specifically do not, and still other states remain silent on. More
