News and Events - 2004

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YPI Successfully Completes Another Turn-Around in Less than 19 Months Achieving 22% IRR	December 15, 2004
Accomplished Real Estate Accounting Veteran Joins Younan as Corporate Controller	November 17, 2004
Younan Properties Hires Experienced Construction and Facility Manager	November 03, 2004
Younan Sells New Park Executive Center for $8 Million Achieving 55% IRR	November 02, 2004
Younan Acquires 275,000 SF Office Building Located in Phoenix's Central Business District	October 11, 2004
YPI Sells WarnerView for $12.5 Million Achieving 70% IRR	October 07, 2004
CFO of Colliers Seeleys International leaves to take Financial Leadership of Younan	July 26, 2004
Younan Hotels Group Acquires Hotel Management Company	May 26, 2004
Younan Properties Hires Director of Business Development/Investor Relations	May 05, 2004
Younan Properties Acquires Largest Office Building In Downtown Phoenix	April 13, 2004
Younan Properties Hires Seasoned Executive As Director of Asset Management	April 05, 2004
YPI Purchases Holiday Inn Select Dallas-North	April 01, 2004
Younan Properties Unveils Major Acquisition Plan For Its New Hospitality Division	March 23, 2004
Younan Properties Establishes Its First Joint Venture With Urdang Capitol Management	February 18, 2004
Younan Properties Purchases A 220,000 SF Class "A" Office Building For $12.6 Million	January 16, 2004
Younan Properties Acquires Key Los Angeles Office Building For $28 Million	January 13, 2004