Younan Properties Continues Growth by Adding to Management Team

pdfTerry Smolich Hired as VP of Human Resources; Sarah Sadat Named to New Post as Director of Finance & Treasurer

LOS ANGELES, September 1, 2009 —Younan Properties, Inc., one of the nation's leading real estate investment and asset management companies announced that it has added new positions to its management team. Terry Smolich joins Younan as Vice President of Human Resources. Younan also announced it has promoted Sarah Sadat to the newly-created position of Director of Finance and Treasurer. Sadat previously served as Director of Human Resources.

According to Zaya S. Younan, Chairman and CEO of Younan, "Terry brings significant depth and experience in commercial real estate and in Human Resources having served in that capacity throughout her professional career. Previously, she was Vice President of Human Resources for Arden Realty, now part of General Electric. During that time, Terry managed all aspects of the HR function and assisted in Arden's considerable growth from a 40-person firm to the largest landlord of office space in Southern California."

Younan continued, "Sarah Sadat has served in numerous roles at Younan including accounting, acquisitions, due diligence and human resources. Because of Sarah's breadth of experience and background in accounting and finance, we strategically chose to create this new position, which will add a new dimension to our financial systems and reporting."

From 1995 through 2007, Terry Smolich was Vice President of Human Resources for Arden Realty, Inc, a Southern California-based owner of commercial office properties. Prior to that, she served as Manager of Human Resources and Administration for Tristar Risk Management in Los Angeles. Smolich began her career with Thor Temporary Services in Los Angeles, where she rose to the position of Temporary Services Manager.

Sarah Sadat joined Younan Properties in 2004 in the Accounting Department. She held various positions in the company with increasing responsibility including serving as Accounting Manager, member of the Due Diligence & Acquisitions team, and has served as Director of Human Resources since 2007.

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