Hanes Properties, LLC was founded in Southern California in 1969 by veteran real estate broker and investor H. Bruce Hanes. The firm has been involved in multi-residential real estate in Ventura, Los Angeles, and Riverside Counties.
The company has completed large scale renovations of existing product with the goal of adding value and repositioning the asset to align with the needs and strength of the community. Hanes' hands-on methodology consistently outperforms its neighboring competition by achieving higher rents and stronger long term occupancy.
The company's most recent example of this approach is 149-units located in La Quinta, CA, where Hanes competed with seven other local and national buyers before closing escrow. The newly renovated property now maintains a near at-capacity occupancy.
The company has also developed high end urban infill projects consisting of 100 multifamily units or more.
Today, Hanes Properties, LLC remains family owned and operated and is actively seeking to expand its portfolio. Hanes is a private investor - not a syndicator. The boutique, hands-on nature of the company affords it the opportunity to act quickly as opportunities arise and finalize the due diligence within a reasonably short period of time.