Younan Properties Continuing Property Acquisition Despite Bankruptcy Risks
July 19th, 2010 by admin
A commercial real estate investment firm that focuses on looking for and buying buildings and then seeking out good, long-term tenants that contribute to the neighborhood around it is going to ride its way through the bad economy and the increased risk of bankruptcy. Younan Properties is doing this with its 35 formerly underperforming properties in Los Angeles, Chicago, Phoenix, Houston and Dallas-Fort Worth. Younan Properties makes the revenues it needs to continue leasing; this aids in community revitalization efforts as well because neighborhoods are filled with prosperous businesses that attract good customers and employees that work, shop, play and recreate in the same part of town – all benefits of keeping buildings full. It’s for sure that for Younan Properties, Bankruptcy is not on the table.
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