Nussbaum, began investing in real estate in 1977. He has owned over 50,000 units since the beginning. Currently he has a staff of 80 associates and has a portfolio of eight well-located, middle-income, multifamily communities of 2,738 units. There are six properties in Houston, Texas and one property in Dallas, Texas. BNC’s operations are managed out of its 17,000 square foot office building in Da
llas, Texas, acquired in 1996. The executive office is located in San Diego, California. The company believes that management functions are critical in order to provide unparalleled service at competitive rates to its residents. By quickly responding to residents’ needs and requests and through proactive tenant communications, the company has been successful. Several of the communities are renovated to offer the resident an attractive living option at a reasonable price. The company’s middle-income tenant base, the largest segment of the renter community, is value-oriented. The typical BNC resident works in an unskilled or semi-skilled profession and is a renter of necessity. The company strives to deliver exceptional value for the rental dollar by reasonable property enhancements and attentive on-site property management.
