Recently announced, The Shopoff Group renamed itself Shopoff Realty Investments. The change of name coincides with an overall expansion of services and opportunities for its clients.
Shopoff Realty Investments, based out of Irvine, California, boasts 25 years experience actively investing in commercial, residential, mortgage, and land assets that were undervalued or mismanaged. They have completed over 5,000 real estate transactions collectively valued above $4 billion.
“We have always been on the forefront of finding opportunities to create value for our clients and this expansion and transformation in the marketplace represents the latest step in that vision,” said William Shopoff, CEO of Shopoff Realty Investments.
He continued, “The real estate investment industry is shifting from primarily distressed properties to a more opportunistic environment, which dovetails with our expansion strategy and our mission of ‘Transforming Opportunity into Value.’”
The Shopoff Commercial Income Fund, a public intrastate offering for residents of California, is one of many innovative investment strategies planned by the company. With the expansion of offerings, Shopoff Realty Investments expects to double its team and expand its office during 2014.
“Our name may be new, but what hasn’t changed is our unwavering commitment to our clients and our track record of results with over 400 full-cycle real estate investments,” Shopoff added.