Welcome to Realty411's live podcast, we are excited to have you listen in! In this brand-new and enlightening episode, we discuss real estate trends in Southern California.
What type of housing is being developed, and why? What are the latest trends in lifestyle affecting the way housing is being built in the Los Angeles area, and beyond?
To give us insight into these important property trends, plus share the latest news in urban development, we have on our show today Scott K. Choppin.
Scott Choppin is the CEO and Founder of The Urban Pacific Group of Companies, a Long Beach, CA-based real estate development company.
Founded in 2000, The Urban Pacific Group of companies focuses exclusively on workforce rental housing communities throughout California, and Western US.
Urban Pacific has created a new housing innovation called Urban Town House (UTH), which pairs private capital with middle-income, multi-generational rental housing, while producing market superior yields on invested equity.
Historically, Urban Pacific’s UTH projects have delivered 22.66% programmatic IRR yields on equity. With over 35 years in the development business, Scott is a leader in the field, and is a regular contributor to major media outlets throughout the nation.
Scott has been published in Forbes Magazine, GlobeSt.com, Los Angeles Times, Builder Magazine, Affordable Housing Finance, Affordable Housing News, and most recently, the cover and feature article about the UTHhousing model in Multi-Family Executive magazine.
Scott and his wife Becky have been happily married and together for 27 years, and are raising their three kids in Long Beach, CA - Sean Patrick 19, Dylan 16, and Jenna 13. Scott and Becky’s three kids are the fourth generation of the Choppin family in Long Beach.