Younan calls the new division "a natural extension" of the company's operations because its focus is on maximizing the operational side of its investments to increase returns on its and its investors' capital. Younan launched his firm three years ago, concentrating on buying distressed class A and class B buildings, implementing a turnaround program, re-leasing the project, then putting the building back on the market.

Among Younan's latest turnarounds is a 30,000-sf class A office building called Younan Plaza at 15456 Ventura Blvd. in Sherman Oaks that it sold to a private investor for $6 million after holding it for just under 19 months. Younan bought the five-story building from Fossildon LLC for $4.4 million when it was 50% occupied. The property was 90% occupied at the time of the recent sale, which was part of the company's plan to sell its non-core small office properties and replace them with larger class A buildings as part of an overall repositioning of its portfolio. Both Younan and the buyer represented themselves.