...his extensive knowledge and unique combination of real estate, securities, business and management expertise will be accretive to the evolution of our outstanding organization and team.
IRVINE, CA, March 15, 2014 /24-7PressRelease/ -- The Shopoff Group, an Irvine, California based progressive real estate investment company, has announced that real estate and securities industry veteran Daniel Oschin has joined the firm as Chief Operating Officer. Since 1992, The Shopoff Group has built a reputation with institutional and high net worth investors for sourcing opportunistic, added value and off-market real estate investments. Demand resulting from the success of current projects and an increase in what it believes to be quality acquisition opportunities has led Shopoff to expand its platform of public and private offerings. Mr. Oschin will lead the initiative to create a dynamic platform, develop innovative products, advance and promote the Shopoff brand, and oversee the operations that support the company, its offerings and the industry that it serves.
Mr. Oschin has led a prestigious, multifaceted career that includes experience and ownership in the development, acquisition, property and asset management, redevelopment, divestment and syndication of more than $500 million in commercial property investments. As a leader in the real estate securities industry, he has been instrumental in the creation of more than 100 direct investment offerings, resulting in the procurement of more than $2 billion in assets. As President Emeritus of the Real Estate Investment Securities Association (REISA), a national alternative investments capital formation organization representing more than 20,000 constituents, Mr. Oschin is on the forefront of issues and developments in the securities and real estate arenas.
"We are excited to welcome Daniel into the Shopoff organization. We are confident that his extensive knowledge and unique combination of real estate, securities, business and management expertise will be accretive to the evolution of our outstanding organization and team.", said Bill Shopoff, Founder and CEO of The Shopoff Group. "I have endeavored for more than thirty years to identify and harness real estate opportunities that others are challenged to recognize. Today, we are uncovering more untapped and favorable situations than at any time in the past, with both income producing commercial and land entitlement assets. With Daniel's experience and management skills we are increasing our visibility, network and value proposition to bring these opportunities to a broader market."
Daniel Oschin commented, "We are at a point of exceptional convergence of the real estate markets and the economy, making it more imperative than ever that people invest in hard assets. They must do so selectively and with a prudent strategy to create value, rather than hoping that timing or luck will create it for them." Mr. Oschin added, "Many investors don't have the experience or resources to source properties that can be cultivated to generate growth. I believe that Bill Shopoff and the tenured executives at The Shopoff Group stand out in a crowded marketplace with the talent, perception, knowledge and track record to meet and exceed the challenges of the market and the needs of investors."
Mr. Oschin was honored with the ACE Award (A Champion of Excellence) in 2009, presented by the Real Estate Investment Securities Association (REISA) for outstanding leadership and service to the association and the real estate securities industry. He is President Emeritus of the REISA Board of Directors, having served the Board from 2010-2014, and is currently Co-Chair of the Association's Conference Committee.
About The Shopoff Group
The Shopoff Group is a real estate investment firm based in Irvine, California, with more than twenty-five years of experience identifying undervalued or mismanaged commercial, residential, mortgage and land assets, and taking an active role in adding value to maximize returns to its qualified individual and institutional investors.
The Shopoff Group and its executive leadership has completed more than 5,000 real estate transactions, including the acquisition, management, entitlement and development of more than 10,000 parcels and lots, 50,000 multi-family units, and five million square feet of commercial properties, with an aggregate value in excess of $4 billion.
The Shopoff Group programs may involve a high degree of risk, including illiquidity and the possible complete loss of investment. Past performance is no guarantee of future results. This is neither a solicitation to buy nor an offer to sell any investment.
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