Location Los Angeles, California, United States Regions Greater Los Angeles Area, West Coast, Western US Gender Male
Website benshaoul.com LinkedIn View on LinkedIn
Ben Shaoul is an influential owner, builder, manager, and developer known for his hard charging, hands-on approach and unprecedented acumen for project execution from start to finish. His pedigree in taking on challenging ventures and simultaneously managing the complexities of several large-scale endeavors across asset classes sets him apart from
his peers. Moreover, his creativity with site selection, assemblage, and sales consistently unlocks value for end-users and private and institutional investment partners.
Mr. Shaoul founded Magnum Real Estate Group in 1998 in New York City. Since its inception, he has led the firm with a simple tenet: acquire property, develop it to its maximum potential, and manage it effectively. Under Mr. Shaoul’s guidance, the company has become a prestigious, vertically integrated real estate company with a growing $6 billion portfolio consisting predominantly of mixed-use development with small and big box retail, value-add residential, and new construction for rent, sale, and dormitory development. Notable projects include 100 Barclay in Tribeca, 196 Orchard on the Lower East Side, 340 East 24th Street in Kips Bay, and 100 Avenue A in the East Village. In 2022, he established Thrive Living, the company’s affordable and workforce housing development and investment affiliate that is committed to solving the housing crisis by creating non-subsidized residential supply and mixed use communities.
Mr. Shaoul is a native New Yorker born in Forest Hill, Queens, to parents who immigrated from Iran. He was raised in Great Neck, New York, and now resides in the West Village with his wife, Megan Walsh Shaoul, and their four children and two dogs. Mr. and Mrs. Shaoul are philanthropic at heart and are involved with several Jewish community groups. Mr. Shaoul also sits on the Board of Directors of Hudson River Park Friends, a non-profit dedicated to the completion, care, and enhancement of Hudson River Park on the West side of Manhattan.
