Scott Beggs assumes role as Chief Financial Officer at Basin Street
June 28, 2014 by basinadmin
RENO, NV – Scott Beggs has joined Basin Street Properties as Chief Financial Officer, announced Matt White, CEO of Basin Street Properties, a predominate real estate investment firm based in Reno, NV, that develops, acquires and manages properties in Northern Nevada and California. “The company has grown incredibly in the past two years, acquiring 19 new assets equaling almost one million SF of new property,” said White. “Scott is the perfect fit and we are extremely lucky to have him as part of our executive team.”
Based in the Reno corporate office, Beggs will now have financial responsibility for Basin Street’s high quality portfolio of office, retail, multi-family and hospitality assets, incorporating over 3 million square feet of commercial real estate all located in Northern California and Northern Nevada. He will focus on assessing organizational performance against budgets and long-term strategy, developing tools and systems to provide critical financial and operational information to both the company and its valued investment partners.
A native of Sierra Madre, CA, Beggs earned a Bachelor of Social Science, with an emphasis in international economics from the University of California, Berkeley, and a Masters of Business Administration with an emphasis in finance and real estate from the University of Connecticut.
Beggs was Basin Street’s director of financial management until 2013 when he left to form his own private consulting firm focused on real estate finance. Beggs has previously held the positions of partner and investment broker at NAI Alliance, a Reno-based full service commercial real estate company and served as vice president portfolio management at Nevada-based Dermody Properties, where he managed the portfolio for DP Industrial LLC, a $1.9 billion joint venture between the California State Teachers’ Retirement System (CalSTRS) and Dermody Properties.