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Younan Properties Growing In Major Markets Despite Bankruptcy Fears
July 19th, 2010 by admin
The depressed economy and increased risk of bankruptcy of the last several years hasn’t been good for any industry and has especially hurt the commercial real estate investment firms. However, Los Angeles-based Younan Properties continues to acquire properties for its portfolios in Chicago, Los Angeles, Phoenix, Houston and Dallas-Fort Worth even in the difficult economy. The company acquires buildings that are underoccupied in these areas and makes the buildings more attractive to prosperous building tenants; this aids revitalization efforts in key U.S. markets as well as helping to put good, long-term commercial tenants into these neighborhoods and communities, and helps keeps the company in the black. One thing is for certain in regards to Younan Properties, Bankruptcy is nowhere in sight.