Shopoff sells entitled Newport Beach townhome parcel to Shea
Shopoff Realty Investments found a buyer for a shovel-ready development site in Newport Beach. Irvine-based Shopoff sold the Park Palm site to Shea Homes for an undisclosed price, Urbanize Los Angeles reported. The property at 4311 Jamboree Road is part of the 25-acre Uptown Newport Village development and is approved for the construction of 23 townhomes. “When we acquired this site, it became clear that residential was what the area and the city of Newport Beach truly needed,” Shopoff CEO William Shopoff said in a statement, calling the Park Palm site “a rare infill opportunity” that has “the potential to […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Lincoln Property unloads Irvine offices for double 2020 price
Housing exec pleads guilty to bilking $23M in homelessness funds
Bored of Your Bathroom? Try One of These Four Design Trends
John Legend and Chrissy Teigen’s Former Dual N.Y.C. Penthouses Return to Market for $22.5 Million
The One Thing Daisy Edgar-Jones Wishes She Had Stolen from the Sense and Sensibility Set
No more parties in LA: Kanye West ordered to pay attorney fees in Malibu boondoggle
Douglas Elliman’s ex-Western brokerage head lands at Side
You Can Buy an Entire Venetian Island With a Napoleonic Fort for €5.5M
Inside Kelly Clarkson’s Expansive Property Portfolio
The Biggest Credit Hurdle for Renters Who Want To Buy
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
26895 Aliso Creek Rd, B-603, Aliso Viejo, California 92656, USA