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Wrong K. Shabani?

K. Joseph Shabani

Principal

Optimus Properties LLC

HQ Phone:  (310) 203-8991

Direct Phone: (310) ***-**** ext. ***direct phone

Email: k***@***.com

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I agree to the Terms of Service and Privacy Policy. I understand that I will receive a subscription to ZoomInfo Community Edition at no charge in exchange for downloading and installing the ZoomInfo Contact Contributor utility which, among other features, involves sharing my business contacts as well as headers and signature blocks from emails that I receive.

Optimus Properties LLC

1801 Century Park East Suite 2100

Los Angeles, California,90067

United States

Company Description

Headquartered in Los Angeles, California, Optimus Properties, LLC is a privately held real estate investment company engaged in the acquisition, development, leasing and management of multi-family, retail and commercial real estate. The company was established...more

Background Information

Employment History

Associate

Gibson , Dunn & Crutcher LLP


Affiliations

30 YEARS AFTER INC

Board of Advisors


Shabani & Shabani LLP

Partner


Los Angeles County Bar Association

Member


California State Bar Association

Member


Education

BA

Political Science

UCLA.


Bachelor of Arts

Political Science

University of California , Los Angeles


Bachelor of Science

Real Estate

California State University Northridge


Bachelor of Science

Real Estate

Loyola Law School


Juris Doctorate

Loyola Law School


degree of Juris Doctorate

Columbia Law School


law degree

Columbia University School of Law


Web References(42 Total References)


About - Optimus Properties LLC

www.optimuspropertiesllc.com [cached]

The company was established by K. Joseph Shabani and Kamyar Shabani and employs a disciplined investment approach focused on value creation and capital preservation.
All aspects of the company's business are handled internally, including acquisitions, sales, finance, legal matters, new partnership formations, property management, leasing, rehabilitation and development which enable the company to act decisively. The Company's investments are characterized by direct principal involvement and a meaningful contribution of its principals' capital. The Company's current portfolio consists of retail, office, medical office and multi-family properties in California and New Mexico. Kamyar Shabani Principal/Co-Founder Kamyar Shabani is a Principal and Co-Founder of Optimus Properties, LLC, an opportunistic real estate investment firm focusing on the acquisition and redevelopment of commercial, retail, office, medical office and multi-family assets. Kamyar oversees all aspects of the Company including sourcing deals, investor and lender relations, construction management and general investment strategy planning. Prior to entering the real estate market full time, Kamyar practiced transactional real estate law at Gibson, Dunn & Crutcher LLP in their Los Angeles, New York and Century City offices. Kamyar possesses a Bachelor of Arts in Political Science from the University of California, Los Angeles, where he graduated Summa Cum Laude, and received the following honors: Phi Beta Kappa, UCLA Dean's List, Golden Key Honors Society and Political Science Honors Society. Kamyar received a degree of Juris Doctorate from Columbia University School of Law where he was a Harlan Fiske Stone Scholar. He is licensed by the State of California as an Attorney-at-Law. Kamyar serves on the Real Estate & Construction Division and the Finance & Administration Board of the Jewish Federation of Greater Los Angeles and the Board of Advisors of 30 Years After, both of which are non-partisan, registered 501(c)(3) non-profit organizations. "> "> K. Joseph Shabani Principal/Co-Founder K. Joseph Shabani has been a partner in a family partnership established in 1976 to develop, own, and manage real estate primarily in the Southern California area. Under Joseph's guidance, the partnership has developed, owned and maintained dozens of commercial properties ranging in size from 4,000 square feet to 200,000 square feet, and totaling hundreds of millions of dollars in total value. The partnership has thrived under Mr. Shabani's leadership by taking advantage of his uniquely diverse qualifications and vast experience as a broker, attorney and principal to achieve an extraordinary level of agility and acuity, allowing the partnership to succeed under all market conditions. "I have had the pleasure to work with many clients, and I consider Joseph Shabani to be tops on of my list. He is always very responsive, extremely timely and the perfect definition of a business professional. I am honored to have my name associated with his and wouldn't hesitate to do deal after deal with Joseph and his company."


News - Optimus Properties LLC

www.optimuspropertiesllc.com [cached]

We own a fair number of assets in Koreatown and remain committed to the area," said Kamyar Shabani, a principal of Optimus Properties, LLC.
The Property was built in 1956 and consists of a mix of studios, one and two bedrooms, with covered parking. The Property is located on a corner and displays excellent curb appeal. Optimus intends on renovating the exterior of the building and improving the common areas. "In addition to our continued involvement in Koreatown, we were drawn to this particular property because of its large unit sizes, available parking and corner location", said K. Joseph Shabani, a principal of Optimus Properties, LLC. Optimus Properties, LLC, located in Los Angeles, California, was founded by Kamyar Shabani and K. Joseph Shabani and employs a disciplined investment approach focused on value creation in multifamily properties throughout Los Angeles. "We have been purchasing properties in West Hollywood for many years and we are pleased to be able to acquire another great asset" said Kamyar Shabani, a principal of Optimus Properties, LLC. Optimus intends on renovating the exterior of the building, improving the common areas and the six vacant units. "What drew us to this property was the fact that we could institute our renovation model immediately given the number of vacancies at closing. In addition, the property has very good bones and lends itself to the types of renovations we like to do", said K. Joseph Shabani, a principal of Optimus Properties, LLC. Optimus Properties, LLC, located in Los Angeles, California, was founded by Kamyar Shabani and K. Joseph Shabani and employs a disciplined investment approach focused on value creation in multifamily properties throughout Los Angeles. We foresee holding this asset in the portfolio for the long term," said Kamyar Shabani, a principal of Optimus Properties, LLC. The El Rey was built in 1927 by a stylish visionary intending to create a home for the carefree, trendsetting flappers of the Roaring Twenties. The El Rey was fiercely modern for the times, and today it retains that 1920's charm and smart contemporary edge, making it the perfect home for LA's professional Millennials. "We were particularly drawn to this asset because of its proximity to the expanding metro line along Wilshire Blvd.," says K. Joseph Shabani, a principal of Optimus Properties, LLC. Optimus Properties, LLC, located in Los Angeles, California, was founded by Kamyar Shabani and K. Joseph Shabani and employs a disciplined investment approach focused on value creation in multifamily properties throughout Los Angeles. Additionally, the building has been well maintained, has parking, secured entry, and is just down the street from 1025 N. Serrano Ave, a 71-unit apartment building that we recently purchased" said Kamyar Shabani, a principal of Optimus Properties, LLC. The building was built in 1954. The seller, two families who had owned the property for over 40 years, had upgraded the property with new paint, a new roof and landscaping. The new owners plan to renovate interior units as they become available to further improve the property. "Our plan is to perform high grade improvements as we believe the demand exists in this market for that type of product," says K. Joseph Shabani, a principal of Optimus Properties, LLC. Optimus Properties, LLC, located in Los Angeles, California, was founded by Kamyar Shabani and K. Joseph Shabani and employs a disciplined investment approach focused on value creation in multifamily properties throughout Los Angeles. "The property is in the heart of one of the most desirable submarkets in Los Angeles and fits nicely in our portfolio of multi-family properties," said Kamyar Shabani, a principal of Optimus Properties, LLC. The building was built in 1927. The seller, a private real estate company based in Los Angeles, had spent $400,000 upgrading the property. The new owners plan to renovate interior units as they become available and upgrade the lobby area and common areas while retaining its old world charm. "Our plan is to perform higher grade improvements than our predecessors as we believe the demand exists in this market for that type of product," says K. Joseph Shabani, a principal of Optimus Properties, LLC. Optimus Properties, LLC, located in Los Angeles, California, was founded by Kamyar Shabani and K. Joseph Shabani and employs a disciplined investment approach focused on value creation in multifamily properties throughout Los Angeles. said Kamyar Shabani, a principal of Optimus Properties, LLC. Optimus Properties, LLC, located in Los Angeles, California, was founded by Kamyar Shabani and K. Joseph Shabani and employs a disciplined investment approach focused on value creation in multifamily properties throughout Los Angeles. "After 17 years, this Escrow should make it into the Guinness Book of World Records as the longest escrow in history" joked Joseph Shabani, a principal of Optimus, "however, it was worth the wait. "This is another valuable asset for us to add to our portfolio of shopping centers in the Southern California area," says Kamyar Shabani, a principal of Optimus. Optimus Properties, LLC, located in Los Angeles, California, was founded by Kamyar Shabani and K. Joseph Shabani and employs a disciplined investment approach focused on value creation in multifamily properties throughout Los Angeles.


Community Leadership Institute | The Jewish Federation of Greater Los Angeles

www.jewishla.org [cached]

Kamyar Shabani
Kamyar Shabani is a principal of Optimus Properties, LLC, a private real estate company located in Los Angeles. Kamyar holds a BA in Political Science from UCLA. and a law degree from Columbia University School of Law.


RNR's Multifamily Magazine - Texas and National News Items | Realty News Report

realtynewsreport.com [cached]

Optimus Properties, LLC, located in Los Angeles, California, was founded by Kamyar Shabani and K. Joseph Shabani and employs a disciplined investment approach focused on value creation in multifamily properties throughout Los Angeles.


Optimus Properties LLC | News

www.optimuspropertiesllc.com [cached]

"We have developed extensive expertise in finding and turning around under-performing assets such as Magnolia," said Kamyar Shabani, a principal of Optimus Properties, LLC.
"We look forward to yet another successful project and quick turn-around for our investors. We are building critical mass in this area and this will assist us in cost savings for the portfolio," said K. Joseph Shabani, a principal of Optimus Properties, LLC. Optimus Properties, LLC, located in Los Angeles, California, was founded by K. Joseph Shabani and Kamyar Shabani and employs a disciplined investment approach focused on value creation in multifamily properties throughout Los Angeles. We feel lucky to have been able to acquire this asset for the investor," said K. Joseph Shabani, a principal of Optimus Properties, LLC. Optimus Properties, LLC, located in Los Angeles, California, was founded by K. Joseph Shabani and Kamyar Shabani and employs a disciplined investment approach focused on value creation in multifamily properties throughout Los Angeles. Optimus purchased the property on March 28, 2014 for $1,750,000 "We purchased this property because it is in the heart of Eagle Rock, on a signalized corner and is surrounded by great established and start up retail businesses," says Kamyar Shabani, a principal of Optimus. Immediately upon purchase, Optimus relocated XTC from two of the retail spaces to one, released the empty space to Mathnasium and improved the property with cosmetic improvements. "We achieved our investment criteria earlier than expected so the natural progression for this deal was to sell it," says K. Joseph Shabani, a principal of Optimus. Optimus Properties, LLC, located in Los Angeles, California, was founded by K. Joseph Shabani and Kamyar Shabani and employs a disciplined investment approach focused on value creation in multifamily, office and retail properties throughout Los Angeles. Optimus Properties, LLC, located in Los Angeles, California, was founded by K. Joseph Shabani and Kamyar Shabani and employs a disciplined investment approach focused on value creation in multifamily, office and retail properties throughout Los Angeles. We bought the property right after it had exited REAP (the Rent Escrow Account Program) and spent nearly $650,000 in improvements," said Kamyar Shabani, a Principal of Optimus Properties, LLC. First Street provided our investors with an approximately 70% return on their investment and we hope to replicate those returns on other Koreatown deals," said K. Joseph Shabani, a principal of Optimus Properties, LLC. Optimus Properties, LLC, located in Los Angeles, California, was founded by K. Joseph Shabani and Kamyar Shabani and employs a disciplined investment approach focused on value creation in multifamily properties throughout Los Angeles. "These assets are located in an A+ location and offer the buyer a lot of flexibility and upside," says a Principal of Optimus Properties, LLC, K. Joseph Shabani. Built in 1920 and 1926, the two properties feature a mix of 2 bedroom, 1 bedroom and studio apartments that were renovated with luxury finishes, including new kitchens with quartz countertops and glass tile backsplash, Carrera marble bathroom counter tops and floors, hardwood laminate floors and walk-in closets. Common area amenities include a courtyard, laundry facilities, and gated entry. "We are elated at the returns we achieved for our investors in such a short period of time and look forward to future transactions," says Kamyar Shabani, a Principal of Optimus Properties, LLC. Optimus Properties, LLC, located in Los Angeles, California, was founded by K. Joseph Shabani and Kamyar Shabani and employs a disciplined investment approach focused on value creation in multifamily properties throughout Los Angeles.


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