Mergers & Acquisitions
Hignell Incorporated Acquires Chico-Based RSC Associates, Adding 3,000 Residential Units
By News Desk ·
Key takeaways
- Hignell Incorporated acquired RSC Associates Inc., a Chico-based property management company that has served Northern California for over 45 years.
- The combined company will manage over 3,000 residential units, 7,500 association doors, and 3 million square feet of commercial space.
- Philip Larios, President and CEO of Hignell Incorporated, said many of RSC's team members will join the combined organization.
Hignell Incorporated dba The Hignell Companies acquired RSC Associates Inc., a Chico-based property management company that has served Northern California for over 45 years, the FinancialContent Business Page announced on October 24, 2026. The price was not disclosed.
Hignell's Acquisition of RSC Associates
Hignell Incorporated is a full-service property management company established in 1948, with offices in Chico, Redding, and Roseville, managing residential single-family homes, multifamily apartment complexes, retail centers, office complexes, and homeowners associations. RSC Associates is a privately held property management firm based in Chico, California, managing residential, commercial, and HOA properties across 13 Northern California cities under California DRE licensing, using the AppFolio platform for tenant services.
Together, The Hignell Companies will manage over 3,000 residential units, 7,500 association doors, and 3 million square feet of commercial space in the Chico, Redding, East Bay Area, and Greater Sacramento markets. The acquisition builds on The Hignell Companies' longstanding presence in Northern California and expands its property management portfolio across multiple markets and property types.
"The acquisition of RSC Associates Inc. Property Management represents an important step in our continued commitment to delivering best-in-class property management services throughout our region," said Philip Larios, President and CEO of Hignell Incorporated. "RSC has long been recognized as one of the most respected management companies in our market, and we have admired the quality of their team, their client relationships, and their reputation for excellence."
Larios added that many of RSC's dedicated team members will be joining the combined organization, ensuring continuity and preserving the trusted relationships they have built over the years.
RSC Associates' Northern California Footprint
According to akta.pro company records, RSC Associates originated around 1980 under President Richard Gillaspie, establishing a multi-decade operating presence in Northern California that now spans 13 or more cities. The same records show the company opened a secondary office in Roseville, California, to extend service coverage into the Sacramento metropolitan area beyond the original Chico headquarters. RSC Associates serves property owners and investors throughout Northern California across multiple cities including Chico, Oroville, Sacramento, Paradise, Magalia, Yuba City, Lodi, Davis, Woodland, Roseville, Auburn, Atwater and Anderson.
Property Deals Elsewhere in the Sector
OUE REIT plans to buy a 50% stake in Sydney's Salesforce Tower for AUD 461.4 million, raising ownership to 69.9%, The future of trading reported on October 23, 2026. Chile's FNE approved Blackstone's acquisition of Essendi, a Chilean hotel operator with seven properties under Novotel, Mercure, and Ibis brands, Diario Financiero reported on October 20, 2026. KBUSA Properties acquired two industrial buildings at 14406 and 14420 Wagg Way in Houston, Texas, totaling 63,250 square feet of NRA, citybiz reported on October 15, 2026.