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Distribution Team Expands in Response to Strategic Expansion and Market Demand

By May 2, 2016March 30th, 2023No Comments

Irvine, CA – May 2, 2016 – Shopoff Realty Investments, a national manager of opportunistic and value-add real estate investments, has augmented its wholesaling division with the addition of four new professionals.

As part of its long-term strategic plan, and as a result of continued expansion in the broker-dealer and registered investment advisor markets, Shopoff has grown to include five territories nationally. This model will allow Shopoff to most effectively serve and support its increasing group of financial advisors and investors.

Steve Katcher, a seasoned sales and marketing executive with nearly 30 years of financial services experience, has joined the Shopoff team as regional vice president of the Northeast region.

“Steve is adept at understanding critical challenges and in forming effective solutions for customer acquisition and retention,” said Bill Shopoff, CEO of Shopoff Realty Investments. “Over his career, he has raised investment capital for a dynamic range of sophisticated products, including private real estate, private equity and late-stage venture capital firms. We believe Steve’s broad market knowledge, strong relationships and professionalism will be an excellent fit for our firm.”

Katcher will be supported in the Northeast region by Tiya Corrigan, Certified Retirement Counselor®, who has joined Shopoff as an internal wholesaler. Corrigan has 20 years of combined experience in the real estate and financial services industry managing relationships with investment advisors and affluent clients.

Ben Matheson, regional vice president, will continue to manage the Southeast region, which he has built into a robust and prosperous territory.

Kelsey Hasterlik has been promoted to regional wholesaler for the Northwest region. Prior to her tenure at Shopoff, Hasterlik was a key associate with the Pacific Northwest team for NorthStar Securities, a wholesale distributor of alternative investment programs.

Jim Fitzpatrick, national sales manager commented, “For more than seven years, Kelsey has been a vibrant and dedicated relationship manager, working in emerging and mature markets, providing exceptional support and insightful communication to a wide range of advisors and investors. The addition of Kelsey in the Northwest will strengthen our presence in the region, delivering to our advisor partners the collaboration and tools that will allow them to best serve their clients.”

Camp Cuthrell, regional vice president, will continue to manage the Southwest region which he has cultivated into Shopoff’s most productive market, while providing executive support for the Northeast territory during this transition.

Hasterlik’s position as internal wholesaler for the Midwest region assisting established regional vice president Jeff Damec has been assigned to Carlos Romano. For more than 10 years, Romano has earned a reputation as a highly regarded resource for a number of prominent real estate sponsors, most recently as part of Griffin Capital Securities.

About Shopoff Realty Investments

Shopoff Realty Investments has a 24-year history of over 100 programs and 529 investments, of which more than 488 have gone full cycle with an average holding period of 2.7 years. Shopoff Realty Investments and its executive leadership have 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 multifamily units, and 5 million square feet of commercial properties, with an aggregate value in excess of $4 billion. This investment track record is as of May 1, 2016. For additional information, please visit www.shopoff.com or call (844) 4-SHOPOFF.

 Disclosures

Past performance and/or forward looking statements are not an assurance of future results. Any investment in Shopoff Realty Investments programs involves substantial risks and is suitable only for investors who have no need for liquidity and who can bear the loss of their entire investment. This is not an offering to buy or sell any securities. Such offer may only be made through the offerings memorandum to qualified purchasers. Securities offered through Shopoff Securities, Inc. member FINRA/SIPC, 2 Park Plaza, Suite 1120, Irvine, CA 92614, (844) 4-SHOPOFF.

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