IRVINE, Calif., Nov. 19, 2019 — Shopoff Realty Investments, a national manager of opportunistic and value-add real estate investments, announced today that the company has promoted Cameron Ghassemi to the role of vice president of acquisitions for the company.
Ghassemi joined Shopoff in 2013 and served as a financial real estate analyst for the firm. In this role he was responsible for evaluating and assessing potential land acquisition opportunities for Shopoff across the country.
“Cameron has been an instrumental member of our acquisitions team, helping to determine which properties will make the best investments in order to maximize profitability for the company’s various portfolios,” explained Shopoff Realty Investments President and CEO William Shopoff. “This promotion is well deserved, and a natural step for Cameron as he continues to be an integral member of our team.”
In his new role, Cameron will be responsible for sourcing and identifying land opportunities that are beneficial for and meet the needs of the company’s various portfolios. In this capacity, he will oversee and lead the identification and underwriting process of projects as well as lead the disposition of the assets upon completion of the business plan by the entitlement team members.
Ghassemi has more than 15 years of experience in various finance and investment related positions for both real estate and other financial institutions. Prior to joining Shopoff, he most recently served as an acquisition analyst for Pelican Realty Management for two years. Prior to this role, he also held positions at Fidelity Capital and Cofard Holding Co. Ghassemi has a Master of Real Estate Development degree from the University of Southern California, as well as a Bachelor of Arts, Business Administration, Finance degree from California State University Fullerton.
Ghassemi added, “Serving the Shopoff team for the past six and a half years has been a rewarding experience that has allowed me to learn from seasoned real estate professionals. I am looking forward to continuing to support our business as I step into this new role and seek out worthwhile assets for Shopoff.”
About Shopoff Realty Investments
Shopoff Realty Investments is an Irvine, California-based real estate firm with a 27-year history of value-add and opportunistic investing across the United States. The company primarily focuses on proactively generating appreciation through the repositioning of commercial income-producing properties and the entitlement of land assets. The 27-year history includes operating as Asset Recovery Fund, Eastbridge Partners and Shopoff Realty Investments (formerly known as The Shopoff Group). Performance has varied in this time frame. For additional information, please visit www.shopoff.com or call (844) 4-SHOPOFF.
This is not an offering to buy or sell any securities. Such offer may only be made through the offerings memorandum to qualified purchasers. 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. There is no assurance that any investment strategy will succeed to meet its investment objectives. Securities offered through Shopoff Securities, Inc. member FINRA/SIPC, 2 Park Plaza, Suite 770, Irvine, CA 92614, (844) 4-SHOPOFF.