Orange County State of the Market Conference

Bill Shopoff has more than forty (40) years of real estate and investment experience. His expertise includes the acquisition, development, and sale of new and redeveloped residential and commercial properties throughout the United States, as well as partnership structure, debt placement, venture capital and investment underwriting. Mr. Shopoff has acquired over 1,000 properties on behalf of his various entities, including the acquisition of over 6,000 apartment units (fee or mortgage loans), the entitlement of over 20,000 lots/units of land suitable for single-family or multi-family development, as well as millions of square feet of commercial projects. Additionally, the firm has undertaken numerous development projects, with current developments underway including high cube logistics buildings, apartments, luxury condominiums and single-family build to rent product. For over 30 years, Mr. Shopoff has led Shopoff Realty Investments and its predecessor firms. Since 1992, he has served as either Principal or as President of the Asset Recovery Fund, and since August 1999, as the President of Eastbridge Partners, L.P. Upon acquiring the assets of Eastbridge Partners, L.P. in April 2004, Mr. Shopoff created the manager, Shopoff Realty Investments, L.P., and has served as its President since that time. Bill Shopoff also stands as Chairman of the Board and Co-Founder of Vertimass, LLC since 2012 and holds security licenses: Series 22, 24, 39, 62, 63, 79TO. Involved in a number of industry associations, Mr. Shopoff is currently a member of Commercial Investment Real Estate and is a Certified Commercial Investment Member. He is also a member of the Urban Land Institute, the Building Industry Association as well as Lambda Alpha International (LAI), a global land economics society. Mr. Shopoff also stands as Investment Committee member for LCAD (Laguna College of Art + Design) and board member for The Park Club professional network of Orange County. Mr. Shopoff is also involved in various collegiate councils, being named to the Executive Council of the Real Estate Center at The University of Texas McCombs School of Business. This Executive Council advises faculty and staff on curriculum matters within the University’s real estate department. He is also a member of the University of California Irvine-Chief Executive Roundtable (UCI CERT), which works in concert with local business leaders and university faculty. In addition to his industry and educational board involvement, Mr. Shopoff is also involved in various nonprofit foundations, including his former roles as President of the Board of Directors for the Central Coast Wine Classic Foundation, and as a board member of Global Energy Network International (GENI), a non-profit organization based in San Diego, California. Furthermore, Mr. Shopoff has also been the top fundraiser for the past 20 years for the AIDS LifeCycle, a 585-mile bicycle ride from San Francisco to Los Angeles, which supports the San Francisco AIDS Foundation and the Los Angeles LGBT Center. Mr. Shopoff is a frequent speaker on various real estate and investment related topics. He has been invited to participate as a key panelist and a guest speaker on professional panels at real estate conferences and industry events throughout the United States. He holds many awards and accreditations including nomination for the Orange County Business Journal’s 2023 Excellence in Entrepreneurship Award.

Waterford Property Company is an Orange County-based real estate firm focused on acquiring and managing commercial real estate assets throughout California and Arizona. Waterford leverages its experience, relationships, and superior market knowledge to acquire and manage select real estate opportunities that provide strong risk-adjusted returns to its investors. Waterford looks for opportunities where it can utilize its asset management expertise to add immediate value while also focusing on properties that can be purchased well below projected replacement costs. To purchase its assets, Waterford partners with high net-worth private investors, institutions, and a select group of alternative funding sources. Since its founding in 2014, Stillwater has acquired and been a partner in over $170 million of office and retail assets in Southern California.

Jerome A. Fink is a co-founder & Managing Partner of The Bascom Group, LLC. Bascom has completed over $12.0 billion in multi-family and commercial value-added transactions since 1996 including more than 300 multifamily properties and 80,000 units. Bascom has ranked among the top 50 multifamily owners in the U.S. Bascom’s subsidiaries and joint ventures include the Southern California Industrial Fund, Rushmore Properties, Bascom Portfolio Advisors, Shubin Nadal Associates, Spirit Bascom Ventures, REDA Bascom Ventures, MHF RM Holdings, Bascom Northwest Ventures, Bascom Arizona Ventures, Harbor Associates, Village Partner Ventures, and the Realm Group. Bascom’s subsidiaries also include Premier Business Centers, the largest privately held executive suite company in the U.S. Prior to founding Bascom, Mr. Fink acted as Senior Acquisitions and Sales Manager from 1991 to 1995 for Pacific Mutual Life Insurance Company. His responsibilities included market assessment, property identification and negotiation, and the acquisition and disposition of real estate investments. Mr. Fink holds a Bachelor of Science in Electrical and Computer Engineering and a Master of Business Administration in Real Estate and Finance from the University of Wisconsin-Madison. He is a member of the Institute of Real Estate Managements (IREM) and Turnaround Management Association (TMA). Mr. Fink is a licensed real estate broker in the state of California, a Certified Commercial Investment Member (CCIM), a Certified Property Manager (CPM), a Certified Mergers & Acquisitions Advisor (CM&AA), and a Certified Turnaround Professional (CTP). He has appeared as a guest speaker at various functions, including those for the Urban Land Institute, University of California Los Angeles and Irvine, University of Southern California, and other assorted industry events. Mr. Fink previously served on the Board of Directors for the Wisconsin Real Estate Alumni Association and is currently a member of the USC Lusk Center for Real Estate Executive Committee.  He has previously served on the board for the Young Presidents Organization (YPO) California Coast chapter and is currently a member of the World Presidents Organization (WPO). In 2004, Mr. Fink was awarded the Apartment Executive of the Year by the Real Estate Conference Group, the industry's largest and most prestigious multifamily conference on the West Coast, and was later awarded the Rising Star award by the University of California Irvine Center for Real Estate in 2008. Mr. Fink was also recognized in the 2011 Multi-Family Executive Magazine. In 2016, Mr. Fink was awarded the Ernst & Young Entrepreneur of the Year, Orange County.

Larry oversees the company’s multifamily development activities throughout the western United States. Larry has 27 years in the residential investment industry, including extensive development, acquisition and asset management experience of multifamily rental and for-sale communities. Prior to joining Fairfield Residential in 2011, he was managing director of Urban Housing Group (a subsidiary of The Marcus & Millichap Company) overseeing development in the western United States. Previously, he was a senior vice president for AvalonBay Communities Inc., where he led the company’s residential development efforts throughout southern California and was responsible for developing over 2,400 apartment homes. Larry has also held senior officer positions for Archstone Communities Trust and Lincoln Property Company where he was involved in developing and acquiring over 10,000 multifamily units. Larry received his BA in accounting from California State University, Fullerton. He is a Certified Public Accountant (inactive) and a licensed California real estate broker. His professional affiliations include the Urban Land Institute and the National Multi-Housing Council.