LAS VEGAS-Plise Development & Construction LLC said Wednesday that its COO and CFO, Mitchell D. Stipp and James L. Moore resigned their respective positions earlier this month and formed MSJM Advisors LLC, which will provide advisory services to Plise and its affiliates as work on their projects move forward.

The announcement doesn’t explain the move from any perspective and Plise has declined to provide any context—or additional comment of any kind—at this time. Neither Moore nor Stipp could be reached for comment; a Plise spokesperson said they, too, would not be commenting beyond the release.

Plise was founded in 1994 by local developer Bill Plise. The locally-based company has developed more than 2 million sf of property throughout the Las Vegas valley, and has an additional 3 million sf currently under development and construction. That having been said, the company as of late has become more known more for its stalled project.

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