Ep. 395: Development and Delivering Superior Yields with Scott Choppin
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Scott Choppin is the founder of the Urban Pacific Group of Companies, a Long Beach, CA based real estate development Company, founded in 2000, that focuses exclusively on urban infill and affordable housing communities throughout California and the western US. Over the last 18 years, the company has developed nearly 1,700 units of unique to market urban housing communities throughout the Western United States. Presently, Urban Pacific has created a new housing innovation called UTH, which provides middle income multigenerational housing to urban families, while producing market superior yields on invested equity. Historically, Urban Pacific’s UTH projects have delivered 29% IRR yields on equity.
As well as real estate development, the company provides project and development services to major commercial businesses across the nation through its subsidiary, Urban Pacific Realty Advisors.
The Choppin family has been in real estate development in Long Beach since 1960, which includes highlights such as the development of the Long Beach World Trade Center and the 293unit CityPlace residential development in downtown Long Beach. Scott is an innovator in the fields of urban housing, mixed use projects, and affordable/middle income housing communities throughout the Western United States.
Scott is responsible for the production of a recent housing innovation called UTH Urban Town House. UTH is a new middle income multigenerational housing product which utilizes private equity to develop moderate income multigenerational housing for urban families in California. Since inception, Urban Pacific has produced IRR’s over 29% on UTH projects.
On behalf of its’ project and development services team Urban Pacific Realty Advisors Scott was responsible for the client acquisition of the San Pedro Fish Market Company, the 11th largest restaurant company in the United States, and largest by seating in California. UPRA presently represents SPFM in their anchor tenant role for the San Pedro waterfront redevelopment of the Ports O’Call project, as well as, a major waterfront redevelopment project on Alamitos Bay in Long Beach, CA
Scott and his wife Becky, have been happily married and together for 25 years, and are raising their 3 kids in Long Beach, CA Sean Patrick 18, Dylan, 15, and Jenna 12. Scott and Becky’s three kids are the 4th generation of the Choppin family in Long Beach.
For more on Scott: firstname.lastname@example.org
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