Ascent Multifamily Breaks Into Top 500 in 2020 Inc. 5000 Fastest Growing Private Companies Las Vegas firm ranks No. 374 with a growth rate of 1,218 percent Inc. magazine announced today that Las Vegas-based firm Ascent Multifamily is No. 374 on its annual Inc. 5000 list, a prestigious ranking of the nation’s fastest-growing private companies. […]
Ascent Multifamily is pleased to note the recognition of our client, RISE Residential, as the nation’s second largest affordable housing developer. Affordable Housing Finance published a profile on the company last more. Read the story here.
The real estate industry was rewarded this week with the passing of new tax legislation that extends several real estate-related tax provisions through the end of 2020, such as the section 45L tax credit for construction of new energy-efficient homes and the section 179D tax deduction for energy-efficient commercial building property. This bill also makes these tax incentives retroactive […]
One of my favorite films is the Brad Pitt movie Moneyball, because it serves as a wonderful case study to showcase that, if a leader wants, he can look at challenges as opportunities and come up with unconventional solutions. It shows how an open-minded leader with limited budget valued the importance of data to assemble […]
Leaving the security of a steady paying job to start your own company is not an easy decision. There’s a lot more to becoming your own boss than we think and the risk is substantial. But what about the dream? What is a dream of leading your own company if you never bring it […]
“If you build it, they will come.” Made famous in the renowned motion picture “Field of Dreams,” this iconic phrase depicts an admirable work ethic that is applicable to life beyond the screen. Field of Dreams, which celebrates its 25th anniversary this year, is certainly an entertaining movie for baseball aficionados, but it also offers a […]
The government’s rules give more leeway to funds and businesses looking to invest in distressed areas nationwide. The government released its long-awaited and latest set of Opportunity Zone regulations Wednesday, hoping to provide investors who have been on the fence with the clarity needed to begin developing projects in distressed areas nationwide. Under the law, […]
Are you sure? Fraudulent activity from employees can occur in a number of ways and have severe financial implications for multifamily owners and managers. To stay ahead of the game, you must analyze your policies and procedures, have more than one person watching the books and keep your eyes open for any red flags such […]
Today, the Oregon State House passed SB 608, a bill that creates a new statewide rent control law. The measure now goes to Governor Kate Brown’s desk, where she is likely to sign the bill into law. The liberal legislators in Oregon don’t understand basic economics and this legislation will only exacerbate the situation they […]
February 2 is approaching, and that means thousands of Americans will watch a rodent in a tree stump to see if it can predict a longer or shorter winter. Of course, I’m talking about Groundhog Day, when Punxsutawney Phil looks to possibly see his shadow to let people know if there will be six more […]
