Younan Properties, Inc. (YPI), headquartered in Los Angeles, is a fully integrated, self-administered and self-managed commercial property management company that specializes in acquiring, repositioning and managing office buildings within the top 10 markets of the U.S. With $6 Billion worth of transactions, these commercial buildings represent the highest quality available. Its focus on these markets reflects YPI’s strategy of investing in high-growth markets with strong and diversified economies that it believes will drive long-term demand for office properties.
As one of the largest and most experienced private commercial property management companies in the U.S., YPI employs a hands-on operational strategy that revolves around maximizing operating efficiencies. Its operational excellence has allowed it to decrease tenant occupancy costs and increase property cash flow.
YPI has assembled an institutional quality portfolio of office properties in Los Angeles, Chicago, Houston, Dallas, Denver, and Phoenix, and it believes that the submarkets in which it owns properties are among the most desirable in the markets in which it operates. Within these submarkets, YPI has acquired high quality mid- and high-rise properties in desirable locations with a diverse tenant mix.
The senior management team at YPI has an extensive track record of leasing office properties that were acquired with significant vacancy. The favorable cost basis of YPI’s assets allows it to lease its space at competitive rents and mitigates the potential for significant impairments in its portfolio.