Prospect Usy Blog
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Increased Bankruptcy Risk Not Stopping Younan Properties
July 18th, 2010 by admin
Commercial real estate investment companies don’t always have the option of adding more property and more expertise to the team considering the bankruptcy risks that are threatening the industry. Younan Properties, which is based out of Los Angeles, has office space for lease in Dallas-Fort Worth, Houston, Chicago, Phoenix and Los Angeles; they focus on buying buildings with low rates of occupancy. The team makes value-added improvements, such as renovations to the common areas and security systems, making the buildings more efficient and more attractive to tenants. Younan Properties is increasing its executive and leasing team as well to be more competitive. It’s for sure that for Younan Properties, Bankruptcy is not on the table.