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IRVINE, Calif., March 1, 2021 /PRNewswire/ Shopoff Realty Investments ( Shopoff ), a national manager of opportunistic and value-add real estate investments, announced today that James O Malley has been promoted to the role of Senior Vice President – Forward Planning for the firm, and will now lead the Development team under Executive Vice President – Real Estate, Brian Rupp. Over the past five years, James has become an integral part of the development team and has proven a true champion for Shopoff s development projects, explained Shopoff Realty Investments President and CEO William Shopoff. Spearheading many of our noteworthy projects, such as the Magnolia Tank Farm mixed-use development in Huntington Beach, and the Anaheim South Street townhome development, James efforts and expertise have been a vital component to moving many Shopoff projects across the finish line.
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IRVINE, Calif., Feb. 24, 2021 /PRNewswire/ Shopoff Realty Investments ( Shopoff ), a national manager of opportunistic and value-add real estate investments, announced today that the company has successfully sold 45 acres of raw land in Riverside County to Pulte Homes for $6.5 million. We originally acquired this land from the County of Riverside as a surplus land acquisition, explained Shopoff Realty Investments president and chief executive officer, William Shopoff. Directly adjacent to our Spring Mountain Ranch master-planned community, we realized this land would be best suited for additional homes to benefit this growing area of Southern California.
Shopoff received unanimous approval for the project from Riverside County in 2017, with approvals for 138 single-family homes, a neighborhood park and community trails that will connect to the trails in Spring Mountain Ranch. The Shopoff team then went to work securing necessary off-si
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IRVINE, Calif., Feb. 4, 2021 /PRNewswire/ Vertimass is proud to announce that its President and Chief Executive Officer Dr. Charles Wyman was recently ranked as the number 11 scientist globally in biotechnology in Stanford University s list of the World s Top 2% of Scientists. The comprehensive list identified the top 2 percent of the most-cited scientists among the world s nearly 7 million considered.
Vertimass Executive Vice President Tom Mullen explained, Dr. Wyman s citations leave a legacy of progress and innovation in the world of biotechnology that will live on for decades to come. He is a remarkable scientist and an even more remarkable asset to the Vertimass team as we continue to develop our breakthrough Vertimass biofuels technology, positively impacting the fuel industry with technologies that substantially expand the use of sustainable transportation fuels to reduce greenhouse gas emissions and improve energy security and dome
Shopoff Realty Investments Donates 123 Acres in Cherry Valley For New Public Park & Open Space
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CHERRY VALLEY, Calif., Jan. 11, 2021 /PRNewswire/ Shopoff Realty Investments ( Shopoff ), a national manager of opportunistic and value-added real estate investments, announced today that its affiliate, TSG Cherry Valley, L.P., has donated 123 acres to the Beaumont-Cherry Valley Recreation & Park District s foundation for a future park and open space.
The land located on Cherry Valley Boulevard will be transformed in the future by the Beaumont-Cherry Valley Recreation & Park District into a sports park with baseball fields, open space, trails and other recreational areas for public use.
Shopoff Realty Investments Completes More Than $347 Million in Real Estate Transactions in 2020
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IRVINE, Calif., Jan. 7, 2021 /PRNewswire/ Shopoff Realty Investments ( Shopoff ), a national manager of opportunistic and value-add real estate investments, announced today that the company completed more than $347.7 million in real estate transactions in the year 2020. The firm s yearly activity includes 13 dispositions totaling $163.1 million, and seven acquisitions totaling $184.6 million. From purchasing land on the Las Vegas Strip for hotel development, to finalizing plans for 30 luxury condos in Newport Beach at Uptown Newport, and also selling our Anaheim Lincoln Townhome project to a public homebuilder, these select examples represent a taste of how our firm was able to have a stellar year, full of activity, despite the challenges that came with 2020, explained Shopoff Realty Investments president and chief executive