Multifamily Insights

Developing Workforce Housing without Public Funding with Scott Choppin, Ep. 596


Listen Later

He is a third-generation Southern Californian who is making it big in a state where many real estate developers are fleeing. The wisdom he brings from success in a market where many others fail is invaluable. Whether you are new or tuning into the show for the first time, I know you'll find great value in today's program.

Scott founded the Urban Pacific Group of Companies in 2000. Since then his company has brought over 1700 units of affordable housing to communities throughout the western USA.

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 293-unit 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.

In this episode, we talked to Scott about workforce housing, proper deal financing and structuring, co-living, and the market, and much more.

Announcement: Join our Apartment Investing Community here.

Workforce Housing without Government Aid;

02:21 Scott's background;

05:13 What is workforce housing;

12:45 Structuring deals accordingly, in regards to financing;

24:19 An insight into co-living;

36:48 Round of insights

Announcement: Don't miss the Best Ever Conference this year on April 10th to 12th. Use my code CASMON15 for 15% off!

Round of Insights

Apparent Failure: Being bold during the recession and underestimating the market signals.

Digital Resource: Calculated Risk Blog.

Most Recommended Book: The One Thing.

Daily Habit: Walking 10,000 steps every morning.

#1 Insight for urban townhome development: There's a great demand for homes for the working class, even though it seems like a forgotten market, and it's highly profitable.

Best Place to Grab a Bite in Long Beach, CA: Joe Jost's

Ep.192 with Scott Choppin

Scott's newsletter: https://therealsignal.substack.com/

Contact Scott:

Urban Pacific

Urban Pacific Investor Education

Thank you for joining us for another great episode! If you're enjoying the show, please LEAVE A RATING OR REVIEW, and be sure to hit that subscribe button so you do not miss an episode.

...more
View all episodesView all episodes
Download on the App Store

Multifamily InsightsBy John Casmon

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

274 ratings


More shows like Multifamily Insights

View all
BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,769 Listeners

The Best Ever CRE Show by Joe Fairless

The Best Ever CRE Show

990 Listeners

Rental Income Podcast With Dan Lane by Rental Income Podcast

Rental Income Podcast With Dan Lane

829 Listeners

Main Street Business by Mark J Kohler and Mat Sorensen

Main Street Business

587 Listeners

Passive Real Estate Investing by Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Passive Real Estate Investing

972 Listeners

Lifetime Cash Flow Through Real Estate Investing by Rod Khleif

Lifetime Cash Flow Through Real Estate Investing

1,405 Listeners

Real Wealth Show: Real Estate Investing Podcast by Kathy Fettke / RealWealth

Real Wealth Show: Real Estate Investing Podcast

415 Listeners

Ken McElroy Show by Ken McElroy

Ken McElroy Show

720 Listeners

Real Estate Rookie by BiggerPockets

Real Estate Rookie

1,839 Listeners

BiggerPockets Daily by BiggerPockets

BiggerPockets Daily

328 Listeners

PassivePockets: The Passive Real Estate Investing Show by PassivePockets, Jim Pfeifer, and Left Field Investors

PassivePockets: The Passive Real Estate Investing Show

129 Listeners

On The Market by BiggerPockets

On The Market

902 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

829 Listeners

The David Greene Show by David Greene

The David Greene Show

696 Listeners

The Rent Roll with Jay Parsons by Jay Parsons

The Rent Roll with Jay Parsons

43 Listeners