During the market downturn of the mid 1990’s, Lansing Companies acquired more than 1000 apartment units and nearly 1,000,000 SF of retail and office product. This value-added niche became an area of expertise for the company. Through aggressive hands-on management, Lansing Companies was able to rehabilitate, re-lease and stabilize all of these product types. Once again, hard work and experience were the key ingredients to our success in this area.
The company is once again poised to similarly repeat our success. Having recently acquired a class B office building in San Diego, CA for far less than replacement cost, Lansing Companies is once again on the move to becoming a strong presence in the field of commercial and multi-family income property turn-around. New team members in our company legal department, accounting department and property management department has set the framework for future growth in this direction.