Ocarticle

Realstate Investments

Real estate news: Malik Mullino CEO of Jadeite Assets LLC invests in $90 million dollar condo project coming to Newport Beach

Sticky post

Malik Mullino CEO of Jadeite Assets LLC has partnered with Irvine based Shop off Realty Investments to break ground on a $90 million dollar luxury condominium community coming to Newport Beach, part of a 1.25 billion dollar master planned development at Uptown Newport.

Irvine-based Shopoff Realty Investments has released details on a $90 million luxury condominium community coming to Newport Beach, part of its $1.25 billion master-planned development at Uptown Newport.

Expected to break ground in March, the Parkhouse Residences will be built on the 25-acre, two-phase development.

The firm is building 30 condos among five buildings designed by WHA Architects, Design styles will come in a combination of half-floor flats and two-story penthouses with starting prices around $1.9 million.

“Parkhouse Residences will be the only opportunity to own a brand-new luxury condominium in Newport Beach with a curated, resort-style amenity offering and direct access to a highly connected area of the city that is seeing exciting growth,” Bill Shop off, president and CEO of Shop off Realty Investments, said in a statement.

The interiors were designed by Blackband Design and will feature oversized windows and seamless terraces, access to a lap pool and hot tub, a resort-inspired cabana, a fitness center, private garages, direct elevator entry and a grassy village green.

Uptown Newport in total will have 1,244 homes and rental apartments, up to 11,500 square feet of retail and restaurants, and two 1-acre parks open to the public. The first phase of the project is building Parkhouse Residences, the retail spaces. The 458-residence One Uptown Newport apartment community is open and almost fully leased, Shopoff said.

Condo sales launch April 2021 with completion expected in late 2022.

$22 million logistics complex coming to Anaheim

A $22 million industrial logistics center is under development in Anaheim, according to Newport Beach-based North Palisade Partners.

The firm recently acquired the 7.75-acre site at 1477 No. Jefferson St. for $14 million and says it will develop the Palisade Anaheim Logistics Center on a speculative basis as a logistics yard.

North Palisade Partners bought the property from Torrance Logistics Co. with plans to develop a last-mile logistics and fulfillment center serving e-commerce tenants, according to Joe Mishurda, a managing partner at the firm.

North Palisade Partners said it will begin site improvements in March and should complete the project by November. The company also said it will customize the property according to tenant needs ranging from build-to-suit warehouses to customized low-coverage parking plans or truck terminals.

Michael Ma with Lee & Associates’ West Los Angeles office represented both North Palisade Partners and the seller in the transaction. Mike Hefner and Mike Vernick with the Anaheim office of Voit Real Estate Services is representing North Palisade Partners in the leasing efforts.

The TerraCotta Group based in El Segundo provided debt financing.

Real estate transactions, leases and new projects, industry hires, new ventures and upcoming events are compiled from press releases by contributing writer Karen Levin. Submit items and high-resolution photos via email to Business Editor Samantha Gowen at [email protected]. Please allow at least a week for publication. All items are subject to editing for clarity and length.

Malik Mullino CEO

Malik Mullino CEO of Jadite Assets LLC Announces New Property Acquisition Off The Orange County Coast Worth 9.5 million

OCArticles / March 30,2021

Posted By : Christopher Ledger 8:00am

Jadeite Assets LLC proudly announces a new property acquisition off the orange county coastline . This beautiful coastal property boasts amazing views off Laguna Beach. I asked the CEO of Jadeite Assets LLC Malik Mullino to give his thoughts on the acquisition , ” This property is absolutely amazing the Laguna Coast has some of the most beautiful views in the United States, 3 bedrooms , 6 bathrooms 2 are marbled out with jacuzzi tubs and walk in showers , a spectacular kitchen , movie theater , a courtyard , pool , we are talking 4900SF on an 11,000SF lot”. This property was purchased at market value at 9.6 million . This property will easily sell for 15 million within 2 years maximum.  Malik Mullino stated,  ” Our mission at Jadeite Assets LLC is to find rare investment opportunities that maximize profits”. When I asked Malik Mullino about the capital resources of Jadeite Assets LLC he stated,  ” We have private investors that are very wealthy and they make very good profits with us. So we can do a wide range of things financially .Be looking for our next acquisition coming soon it’s in the works ” , said Malik Mullino.

Malik Mullino

Jadeite Assets LLC Lands 3 Year Contract With Michellin

  Tires Worth 2 Million Dollars 

By : Ibrahim Schwartz,  Posted :   7:00am

Jadeite Assets LLC recently landed a 3 million dollar contract with Michelin Tires to transport full shipments of tires from its 30 distribution centers across the West Coast. Malik Mullino CEO of Jadeite Assets LLC stated “We will continue to build bridges of service to clients producing high profit margins for our investors. “According to Malik Mullino the 1st quarter earnings report will be released in the beginning of April. Jadeite Assets LLC has captured the attention of Forbes 500 as one of the fastest growing small business ventures in the US.  Well be keeping track of this rising star and reviewing quarterly earnings to report to our readers.

Malik Mullino

Jadeite Assets LLC Uses It’s Fleet of Semi-Trucks to Increase Company Profits

Sponsored by : Jason Armstrong, Posted 6:00am

Malik Mullino CEO of Jadeite Assets LLC has channeled the capitol resources of the company to build a sizeable fleet of newer model Peterbuilt and Kenworth trucks which provide logistics and shipping services to some of the most lucrative companies in California and the Midwest. Companies such as Ralphs, Albertsons, Amazon, Target, and Home Depot. I asked Malik about his analysis of Jadeite Assets LLC’s position with these multi-billion dollar corporations and he stated, “Through precise networking and quality leadership we will continue to serve our clients needs to insure renewable contracts that produce maximum profits for Jadeite Assets !” Malik stated , “Our fleet of trucks are expertly maintained and our drivers are intensely screened through our HR department. Rest assured the financial horizons of Jadeite Assets LLC are shining brightly.”

Jadeite Assets LLC

Jadeite Assets LLC takes strong capital investment in 1.5 Billion dollar Bayfront Project in Sandiego

Malik Mullino CEO of Jadeite Assets LLC is making waves in the realestate markets of southern California. “We are proud to announce another strong capitol position taken with the construction of the Manchester Pacific Gateway. “Rest assured our clients money is working to create generational wealth by taking smart realestate positions for the future” . Specs of the project can be viewed on the link below .https://www.sandiegouniontribune.com/business/growth-development/sd-preview-of-2-billion-bayfront-project-20181031-photogallery.html

Malik Mullino

CEO of Jadeite Assets LLC Malik Mullino expands fleet to 30 trucks

Malik Mullino CEO of Jadeite Assets LLC expanded the company fleet to 30 trucks today with the addition of 5 brand new Peterbuilt Trucks. According to Malik, “These Peterbuilts have 600 hp Caterpillar engines and a whole package of other specs that make them pretty much unstoppable.”When asked if there would be further additions to the fleet Mr.Mullino stated,” Absolutely there will be, we have 5 Kenworth trucks on back order that will be fully customized.” Jadeite Assets LLC has major corporate clients such as Ralphs, Target, and Amazon just to name a few.

Malik Mullino CEO of Jadeite Assets LLC

Malik Mullino CEO of Jadeite Assets LLC purchases new 1.8 million dollar property

CEO of Jadeite Assets LLC Malik Mullino believes in smart investments.  He also knows prime realestate. “When my realtor showed me this property in Crystal Cove I was like I had to have it  this is a 3 bedroom 3 1/2 bath home at 1700 SF, imported marble floors from turkey, the master bedroom has a jacuzzi tub with jets, brand new open kitchen, stainless steel appliances, and spectacular views.” As a journalist I am obligated to do my own vetting and research. Malik Mullino purchased the home at 1.8 million when the market value is just over 3 million presently. In five years it’s projected to be worth twice that amount with the appreciation of realestate in Newport Beach, California.

malik mullino
malik mullino
malik mullino
malik mullino
malik mullino

Powered by WordPress & Theme by Anders Norén