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Feb. 25, 2010

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IRVINE - The Bascom Group LLC reported a fourth-quarter 11.8 percent increase of its net operating income compared with the same period in 2008. The company's portfolio consists of 100 apartment properties across the U.S. The decline in its net operating income is credited to a $4.3 million, or 12.4 percent, cut in operating expenses.

IRVINE - The Bascom Group LLC reported a fourth-quarter 11.8 percent increase of its net operating income compared with the same period in 2008.

The company's portfolio consists of 100 apartment properties across the U.S.

The decline in its net operating income is credited to a $4.3 million, or 12.4 percent, cut in operating expenses. Cost-cutting initiatives included increasing efficiency throughout its utility systems, appealing assessed property ...

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