LOS ANGELES-BH Properties LLC, a real estate investment firm focusing on value-add properties, closed 2013 with an impressive $100 million in transaction deals and $82 million in acquisitions, GlobeSt.com reports in this exclusive story. This represents a 57% increase for the firm over the close of 2012.

“BH Properties had a very successful year in the purchase and sale of its properties across the nation,” says Steve Jaffe, BH Properties LLC EVP and general counsel. “We are particularly excited about our Southwest ventures and what that will mean to our investment strategy in 2014.”

The company invested in multifamily, retail, office and industrial properties, mainly in markets with ample value-add opportunities, like Arizona and California. In 2013, the firm also sought opportunities in Denver and Texas. Some of the major acquisitions include Gilbert Town Square in Gilbert, AZ, for $13.4 million and the Lakeview Center, an office property in Ontario, CA, for $13.8 million.

BH Properties LLC expects to continue this momentum through 2014. The company expects to complete several additional transactions in Denver and Texas as well in 2014.