IRVINE, Calif., April 19, 2016 (GLOBE NEWSWIRE) -- Shopoff Realty Investments, an Irvine, California-based manager of opportunistic and value-add real estate investments, announced today that the company has appointed Lisa Jack as chief financial officer.
“For nearly a quarter century, we have built our business on a foundation of ethics, performance and vision, transforming real estate opportunity to maximize value,” said William Shopoff, chief executive officer of Shopoff Realty Investments. “As the company continues on its growth trajectory, we are fortunate to attract the highest caliber of seasoned professionals. This now includes Ms. Jack, who brings to Shopoff an array of outstanding qualifications and capability that will support and enhance the company, its partners and clients.”
Prior to joining Shopoff, Jack served as chief financial officer of IMH Financial Corporation, a public reporting real estate investment and finance company engaged in multiple areas of real estate lending and investment, including acquisition, development, operation, lending, and foreclosure. Previously, Jack served as chief financial officer for Arch Bay Capital, a mortgage hedge fund that managed loans and real estate valued in excess of $3.5 billion. Jack began her career at Arthur Andersen, LLP an international public accounting firm where she was a manager. She has over 15 years of experience in finance and accounting, primarily in the real estate industry, and is a certified public accountant in Texas and California.
Jack added, “It is an honor to join a firm with the reputation, capabilities, historical success, strong executive leadership and unique business model of Shopoff. I feel that my experience and skills are an excellent match for this company and I am looking forward to contributing to its continued evolution.”
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. For additional information, please visit www.shopoff.com or call (844) 4-SHOPOFF.
Disclosures
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.