Shopoff Realty Investments and Urban Pacific Create Joint Venture Partnership to Develop Urban Town Homes
July 11, 2023 | PRNewswire
Shopoff Realty Investments (“Shopoff”), and The Urban Pacific Group of Companies have created a joint venture partnership to further advance Urban Pacific’s “Urban Town House” (UTH) build-for-rent, multi-generational housing concept.
“The Urban Town House concept is a revolutionary way to tackle the lack of affordable housing for today’s working middle-class families,” explained Scott Choppin, founder and CEO of Urban Pacific. “The unique three-story, five-bedroom, four-bathroom floorplan will capture the ‘forgotten middle,’ or deeply underserved multi-generational, multi-earner household market, providing a more affordable per-bedroom cost option.”
