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Follow on Google News | Crown Acquisitions, Inc. Expands its PortfolioCrown Acquisitions, Inc.’s property portfolio expands to include office buildings and luxury single family homes, in addition to its core multi-family properties
In true CAI style, the company held the open house event at its new Dana Point headquarters, allowing its guests to not only view its most recent commercial property acquisition, but also observe the renovations currently underway at the property. Even though hardhats were not required at the event, the scope of the renovation made it abundantly clear that CAI is committed to revitalizing and repositioning the landmark Dana Point office building. Throughout the event, the Crown team was available to answer questions about the company’s latest projects. In addition to the office building improvements, guests were invited to see the latest luxury residential projects currently under development in affluent locales such as Newport Beach, Venice, Bel Air and Brentwood. In the past, Crown Acquisitions, Inc. had established its reputation as a principal buyer, specializing in the purchase of distressed multi-family assets in urban neighborhoods throughout the southwestern United States. Now CAI’s portfolio is expanding to include office buildings and luxury residential development. Chris Mitchell, founder and CEO of Crown Acquisitions, Inc., stated that, “Although we have made some meaningful adjustments to our investment strategy, the foundation of our business strength is still based in recognizing opportunity where others see risk; visualizing the possibilities amidst disrepair and obsolescence; Crown Acquisitions, Inc., now located in Dana Point, California, is a real estate acquisition and investment company that specializes in identifying underperforming assets in the southwestern United States and maximizing their performance. CAI accomplishes this through the implementation of strategic capital improvement programs, market re-positioning, and/or aggressive property/asset management. End
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