Shopoff Realty Investments Adds Two Tenured Team Members to Company's Wholesale Division
IRVINE, Calif., March 18, 2020 /PRNewswire/ -- Shopoff Realty Investments ("Shopoff"), a national manager of opportunistic and value-add real estate investments, announced today that the company has added Scott Scherer and Gary Laughlin to its capital markets team. Scherer joins Shopoff as regional vice president managing the company's Western region, and Laughlin will cover the Eastern region as its internal wholesaler.
"Adding to our excellent wholesale team, Scott and Gary will both fill vital roles for our securities division, utilizing their broad knowledge and long-term experience in the financial sector to effectively serve our valued advisors," explained Shopoff Realty Investments President and CEO William Shopoff. "We are confident these two new additions will positively support Shopoff's platform and mission, cultivating mutually beneficial relationships with new and existing clients alike."
In Scherer's new role, he will lead the company's capital formation in the Western region, working with internal wholesaler and 10-year industry professional, Jos McGinty. Scherer comes to Shopoff with more than 20-years of experience in the financial industry, raising more than $1 billion in assets through registered investment advisors, family offices, trust officers, foundations and financial advisors throughout his career. Most recently, Scherer served as senior vice president for the Western U.S. region with Waypoint Financial Group, and also previously held roles with TCFG Wealth, Preferred Capital Securities, Cole Capital and Genworth Financial.
Gary Laughlin will serve the company's Eastern region, supporting senior vice president Mark Wander, a 34-year industry veteran, who joined the company in 2018. Previously, Laughlin worked for five years at FS Investments as an internal sales consultant for the company's Eastern region. Laughlin is also a veteran and former member of the U.S. Marine Corps, having served from 2006 to 2013.
Scherer added, "Joining such an established and successful company like Shopoff is an exciting new endeavor. I look forward to working with the firm's team of seasoned financial and real estate professionals to drive Shopoff's dynamic investment business in the Western region and across the country."
About Shopoff Realty Investments
Shopoff Realty Investments is an Irvine, California-based real estate firm with a 28-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 28-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, with certain offerings generating losses. For additional information, please visit www.shopoff.com or call (844) 4-SHOPOFF.
Disclosures
This is not an offering to buy or sell any securities. Such an offer may only be made through the offering's 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, 2 Park Plaza, Suite 770, Irvine, CA 92614, (844) 4-SHOPOFF.
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SOURCE Shopoff Realty Investments
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