The above image is a project that is being managed by Shopoff and is a holding of a Shopoff Fund.

PROJECT HIGHLIGHT

In 2017, Shopoff acquired a 2.8-acre infill site in Whittier, CA, which included industrial buildings and a car wash. As demand for residential continues to increase in the Southeast Los Angeles submarket, the firm saw a multifamily development as a much-needed addition to the community. In 2018, Shopoff secured city approval for a multifamily project. The firm redeveloped the site into a 60-unit boutique apartment complex, Cierra Apartments, which was completed in 2023. The property features upscale amenities, including a clubhouse, fitness center, pool, and spa. In November 2025, Shopoff secured $17.815 million in senior mortgage financing for the project, which will support property management and operations. The Cierra Apartments is currently 91% leased and preparing for sale.

EVENTS

SHOPOFF HOLIDAY PARTY

Our annual company holiday party did not disappoint! We danced the night away and enjoyed some friendly competition at the gambling tables. It was the perfect way to celebrate our hard work this year and build momentum for the year ahead.

The information contained herein is for informational purposes only and is not, and shall not constitute investment advice, tax or legal advice. It is important to disclose that this newsletter includes links to an external source. The content you are about to view is produced by third-party sources. Additionally, Shopoff Realty Investments, L.P. and its affiliates are not responsible for the administration of the terms of use, privacy policies or security policies of any external source. Certain statements contained herein may constitute “forward looking statements.” Any such statements, performance projections and results have been based upon assumptions, some of which will vary, perhaps materially, from actual events and do not constitute a prediction or representation as to actual performance.

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 strategy will succeed to meet its investment objectives. The performance of this asset is not indicative of future results of other assets. Securities offered through Shopoff Securities, Inc. member FINRA/SIPC.