Acquisition, buyout of partner, Joint Venture, sale. Phase I buildout is over $500 million.
Shopoff Realty Investments
As Executive Vice-President, focused on capitalizing buyout of original equity partner, negotiating with JV partner for apartment development portion in Phase 1 (approx. 450 apartment units), and disposing of 2.5 acre condo parcel in Phase I. Phase II of project will be developed when original tenant departs in next ten years.
Total site is 25 acres, Phase I and II are each about 12.5 acres
Located near freeways, job centers, and John Wayne airport
