Through his role as President & Chief Operating Officer of Bayside Communities, LLC, Basil heads the company’s general partner and portfolio acquisition along with his other duties. Basil had been a Managing Director of Bayside since December of 2010 and assisted in the acquisition of the AF Evans portfolio. With over sixteen years in the affordable housing industry, he previously served as Managing Director of Cascade Affordable Housing, growing the Cascade Affordable portfolio by 20,000 units. In addition, Basil is also the founder and managing principal of Rallis Group, LLC, which was formed to provide specialized services to lenders, and institutional and private equity investors in the real estate industry.
His accomplishments and past roles include: Regional Vice President of the National Apartment Association; President of the Apartment Association of the San Fernando Valley; panelist/speaker for Affordable Housing Finance Live: “Proactive Asset Management,” the Institute for Professional and Executive Development (IPED): “Tax Credit Property Dispositions,” and Reznick Group Developers Summit: “General Partner Transfers.”
Basil Rallis serves on the Board of the National Housing and Rehabilitation Association, and is a member of the National Council of State Housing Agencies, and is a graduate of the University of Southern California with a BS in Business and an MBA in Finance.