DANA POINT, CA-Crown Acquisitions Inc. hasexpanded its property portfolio to include commercialoffice buildings and luxurysingle-family homes in addition to its coremultifamily properties. The move was made in orderto complement the firm's multifamily investment platform, for whichit became known.

To commemorate this key strategic change, CAI recently held anopen house for investors, bankers, clients and other stakeholdersto showcase its corporate headquarters, its newestcommercial-property acquisition and its latest luxury-residentialdevelopment projects. The event was held at thefirm's new Dana Point headquarters, allowing guests to view thecompany's most recent commercial property acquisition and toobserve the renovations currently underway at the property. CAI isworking to revitalize and reposition the landmark officebuilding.

Guests at the event were invited to see the latestluxury-residential projects currently under development in affluentlocales such as Newport Beach, Venice, Bel Air and Brentwood. TheCrown team also answered questions about the company's latestprojects.

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Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.