Shopoff Realty Investments, a private placement sponsor and manager of opportunistic and value-add real estate investments, has hired Torry Lozano as director of construction, who brings more than three decades of experience in construction and development to his new role.
Lozano will have direct responsibility during the pre-construction and construction phase of Shopoff’s projects, helping identify and assess risk as well as managing expectations around cost, schedule, quality and feasibility throughout all the phases of development.
Lozano started his career as a framer and finish carpenter, before receiving a B1 general contractor’s license at the age of 24. He specialized in building high-end custom homes in Malibu, Beverly Hills and other areas of Los Angeles County before moving to Orange County and constructing homes in Newport Coast.
In 2000, he joined forces with Bacchus Development and moved into commercial construction. Most recently, Lozano served as director of construction with the Kelemen Company, where he was responsible for all construction, development, and entitlement related activities.
“This year Shopoff has begun to focus more intently on ground-up development than ever before, with projects like our I-10 logistics center in Riverside County and the Parkhouse Residences condominium project at Uptown Newport,” said Shopoff Realty Investments President and CEO William Shopoff. “Securing a seasoned development and construction industry professional like Torry Lozano, will only bolster our already stellar development team and add invaluable experience to this growing part of our business.”
Shopoff Realty Investments is an Irvine, California-based real estate firm with a 28-year history of value-add and opportunistic investing across the United States. The company primarily focuses on generating appreciation through the repositioning of commercial income-producing properties and the entitlement of land assets. The 28-year history includes operating as Asset Recovery Fund, Eastbridge Partners and Shopoff Realty Investments (formerly known as The Shopoff Group).