Shopoff Realty Investments (“Shopoff”) has successfully sold its ownership interest in 33.5 acres of land in Las Vegas, NV. The property was approved for development of approximately 800 residential units. Shopoff had originally provided $3.5 million in capital during entitlements to Rancho Village Partners, LLC. in July 2018 that allowed Rancho Village to purchase the 33.5 acres of land for the…
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