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Wednesday, Feb 12, 2025
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OC500 2024: Bill Shopoff

BILL SHOPOFF 

CEO/PRESIDENT 

SHOPOFF REALTY INVESTMENTS 

 

WHY: His eponymous company, which specializes in real estate investing and developments, has been working on residential projects at Uptown Newport and involved with a hotel to be built on the Las Vegas Strip. 

IN THE NEWS: Shopoff Realty Investments earned a major victory this year when it won approvals from the city of Huntington Beach and California Coastal Commission to develop 29 acres of near coastal property into a mixed-use development with more than 200 houses, a 215-room hotel and retail uses. 

NOTABLE: Shopoff Realty Investments is moving forward with its plans to convert land formerly used for oil storage into a mixed-use development with affordable housing units – estimates Huntington Beach coastal lot worth $17M to $24M per acre. 

QUOTABLE: “We estimate the building out value of the project to be between $500M and $700M.” 

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