Wikipedia:Articles for deletion/Younan Properties


 * The following discussion is an archived debate of the proposed deletion of the article below. Please do not modify it. Subsequent comments should be made on the appropriate discussion page (such as the article's talk page or in a deletion review).  No further edits should be made to this page.

The result was keep. No Consensus on a rename; if you want to pursue that, the talk pages are your friend. -- RoySmith (talk) 03:55, 6 April 2020 (UTC)

Younan Properties

 * – ( View AfD View log  Stats )

This article has been tagged for notability since Jun 2017, so we ought to decide definitively whether it is notable, in which case we can remove the tag, or whether it isn't, in which case we can delete. Problems with COI and unsourced material appear to have been resolved. Shhhnotsoloud (talk) 18:35, 29 March 2020 (UTC)
 * Note: This discussion has been included in the list of Companies-related deletion discussions.  CAPTAIN RAJU (T) 18:43, 29 March 2020 (UTC)
 * Note: This discussion has been included in the list of Arizona-related deletion discussions.  CAPTAIN RAJU (T) 18:44, 29 March 2020 (UTC)


 * Keep Seems to be enough coverage to pass notability. ., , are a few examples. MB 19:17, 29 March 2020 (UTC)
 * "Comment: The Orion Investment Real Estate source is a reprinted press release by the company, the Hotel News Resource item is a routine announcement, also by the company, and the Benzinga item is a press release. The "Younan Properties in Acquisition Mode" item from San Fernando Valley Business Journal is the only one of these not sourced directly from the company. AllyD (talk) 18:00, 30 March 2020 (UTC)

Keep per the significant coverage in multiple independent reliable sources.     <li></li> <li></li> <li></li> <li></li> <li></li> <li></li> <li></li> </ol>

<ol> <li> The article notes: "Zaya Younan is no exception to the rule that real-estate developers generally have big ambitions. A U.S. immigrant from Iran, he built a portfolio of U.S. office buildings that at one point included 35 properties with 11 million square feet. He now says he wants his company, Younan Properties Inc, to be the largest office owner in the country and to one day develop the tallest building in the world. But Mr. Younan's empire is contracting. So far this year he says he has sold seven Texas office buildings and given three office properties, including the 30-story Patriot Tower in Dallas, back to lenders. The company now has 26 office buildings with more than 8 million square feet of office space. In the latest sale, Younan Properties, based in Woodland Hills, Calif., fetched $95 million for three Dallas office buildings known as Energy Square north of downtown with about 950,000 square feet, a person familiar with the deal said. The sale comes just as Younan faced $75 million in debt coming due on the property, according to Mr. Younan."</li> <li> The article notes: "Some of the larger planned REITs in the pipeline include Younan Properties Inc., an office-property company seeking to raise $575 million, and DLC Realty Trust, a shopping-center operator that also plans to raise $575 million."</li> <li> The article notes: "Younan Properties has capped off the year with the purchase of three more office buildings in Houston. ... Since last year, Los Angeles-based Younan Properties has purchased 11 office buildings in the Houston area. Most recently, Younan Properties acquired 1010 Lamar downtown. The company was founded by Zaya Younan in 2001. Its holdings total 11 million square feet of office space, including 8 million square feet in Texas."</li> <li> The article notes: "Zaya S. Younan made a bundle of money since 2002 investing in California commercial real estate. Now he’s putting his money elsewhere. Younan, chairman and chief executive officer of Woodland Hills-based Younan Properties Inc., just sold Pacific Pointe in Gardena to Transwestern Commercial Services for $58 million. That deal completes Younan’s divesture of its $1.5 billion California office portfolio. He’s now going to focus on Chicago, Dallas and Houston, where the company will invest about $1 billion over the next 18 months."</li> <li> The article notes: "He's ambitious, too. He hasn't taken a day off since he founded Younan Properties in December 2001, and says he has promised his employees that he won't until the company becomes the largest real estate investment firm in the country. Not exactly a cakewalk, considering that would mean reaching a cool $100 billion in assets, but Younan thinks it'll happen in the next two years. ... In six years, Younan Properties has acquired 34 properties valued at about $4 billion. In 2007, the company generated $380 million in revenue, up from $160 million in 2006. Most of the properties are commercial office buildings in Texas, Illinois and Arizona. At times, his strategy might seem a unorthodox to other investors. For example, a few years ago he pulled out of the then-hot Los Angeles market because he saw the growth as unsustainable. He reinvested in thriving markets, such as Phoenix."</li> <li> The article notes: "The firm began investing in Houston about a year ago with the purchase of Norfolk Tower, a 206,680-square-foot property at 2211 Norfolk. It is in the process of buying Northbelt Corporate Center, a 10-story building on the North Sam Houston Parkway in the Greenspoint area. Founded in 2002, Younan Properties concentrates on high-growth markets, with about 10 million square feet of holdings in Arizona, Florida, Illinois and Texas. Its largest market is Dallas where it has close to 7.5 million square feet of office space."</li> <li> The article notes: "In the summer of 2008, Younan Properties was poised to execute a $600m public offering. It seemed like the right place and the right time. The real estate market, flush with eternal optimism, could not seem like a more secure industry. Of course, history tells a different story, and Zaya Younan’s company took a massive hit when the market caved in shortly thereafter. The future seemed bleak. While the anxiety of impending failure lingered, Younan refused to throw in the towel. He forged ahead, keeping the faith that soon he would see the light at the end of a dark, crumbling tunnel. ... Since 2008, Younan Properties has increased its size by almost one third; the company now owns over $4B worth of commercial real estate in North America and is the largest commercial real estate holder in Dallas, Texas."</li> <li> The article notes: "Younan Properties Inc. is on its way to becoming one of Dallas' biggest office landlords. ... Younan bought the Energy Square buildings as part of a package of properties it acquired from Chicago-based Transwestern Investment Co. Three other buildings in the deal are located in Chicago. Terms of the sale were not disclosed. ... The Dallas purchase includes the 14-story One Energy Square building on Greenville Avenue, 16-story Two Energy Square on University Boulevard and Three Energy Square on North Central Expressway, which has 16 stories."</li> <li> The article notes: "The chief executive of one of the nation's fastest-growing office-property owners said Thursday he has sold his one Florida holding -- a 137,000-square-foot office complex in Maitland -- for $24 million and thinks the Orlando office market has peaked for now. Zaya S. Younan, chairman and chief executive officer of privately held Younan Properties Inc., said he will focus on building his office portfolio where he expects better growth prospects for the next several years -- in areas such as Dallas, Houston and Chicago. ... Most of the Younan properties are in Texas, Illinois and Arizona. Younan said Thursday that he tried unsuccessfully to buy more office properties in Florida a few years ago."</li> <li> The article notes: "The Zaya and Sherry S. Younan Foundation of Los Angeles has announced it will sponsor a new 'America's Longest Conflict' exhibit at the Frontiers of Flight Museum. In recent years, Zaya S. Younan, chairman and chief executive of Younan Properties Inc., has become Dallas' leading office landlord, with nearly 7 million square feet of Class A office space in the city. ... Headquartered in Los Angeles, Younan Properties specializes in acquiring Class A office properties in high-growth markets. Since founding the company in 2002, Mr. Younan has accumulated a portfolio with 9 million square feet of office buildings valued at more than $1.5 billion in Arizona, Florida, Illinois and Texas."</li> <li> The article notes: "Zaya Younan is not crazy. Since starting a real estate business in 2002, he has become one of the largest office landlords in Texas, and accumulated property worth about $1.5 billion, claiming strong and steady returns for investors. Now he wants to build the world's tallest building. He wants it in Chicago, Los Angeles or Houston. He wants it for the glory of the United States of America, and to take advantage of long-term trends that he said will lead to more vertical living in major cities."</li> </ol>

There is sufficient coverage in reliable sources to allow Younan Properties to pass Notability, which requires "significant coverage in reliable sources that are independent of the subject". Cunard (talk) 06:11, 31 March 2020 (UTC)</li></ul>
 * Many of the sources discuss Younan Properties' eponymous founder, Zaya S. Younan. One option is to rename Younan Properties to Zaya S. Younan. Cunard (talk) 06:11, 31 March 2020 (UTC)


 * Keep. Sufficient notability for the firm has been demonstrated in the list of links provided by User:Cunard above. I would not however, support renaming the article to the name of its founder and CEO. Note that a previous page on Mr. Younan also suffered from severe promotional COI editing before being deleted. Loopy30 (talk) 13:18, 4 April 2020 (UTC)


 * The above discussion is preserved as an archive of the debate. <b style="color:red">Please do not modify it.</b> Subsequent comments should be made on the appropriate discussion page (such as the article's talk page or in a deletion review). No further edits should be made to this page.