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September 01, 2020 1:43pm
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Christina Real Estate Investors Raises Over $44 Million for Latest Portfolio

The portfolio already includes seven properties in the Westside region of Los Angeles

Christina Development Corporation (“Christina”), a Malibu-based real estate sponsor and manager, has announced the final close of Christina Real Estate Investors 4, LLC (“Christina 4”). Raising $44.1 million in equity from over 150 investors across the United States, Christina 4 – the latest offering in the firm’s programmatic series of private equity real estate companies – launched in 2019 and has since acquired six multi-family properties and one retail project in the Westside region of Los Angeles. The seven properties acquired to date total 61 apartment units adjacent to CBS Television City; nearly 7,500 square feet of retail space in the West Third Street Shopping District; 22 soon-to-be-built condominiums in West Hollywood; and a rare 15-unit beachfront property in Playa del Rey.

“Our team worked diligently to curate this remarkable portfolio, which comprises some of the most exclusive properties in the Westside region of Los Angeles,” said Lawrence N. Taylor, Founder and Chairman of Christina. “Our 45-year proven track record in this market has underpinned our ability to purchase these properties at attractive prices, most of which have traded hands for the first time in their decades-long history. We have continuously stayed true to our winning investment strategy of owning and operating prime properties and generating exceptional returns for investors.”

Christina Real Estate Investors’ (“CREI”) strategy and structure is designed to provide investors direct ownership in portfolios of high-quality, income-producing real estate exclusively located in the best submarkets and cities in the Westside region of Los Angeles. By acquiring, improving, operating, and redeveloping a diversified portfolio of multifamily, office, and commercial assets, Christina’s primary objective is to achieve superior long-term and tax-advantaged returns.

“Our location-driven and geographically focused approach, coupled with our expert in-house management team, are the key tenets of our investment strategy that contribute to our longevity and superior year-over-year performance,” added Adam Rosenkranz, Director of Asset Management. “We believe that the Westside region of Los Angeles is one of the best real estate markets in the world, and that our team is uniquely positioned to identify one-of-a-kind investment opportunities and capitalize on the underlying demand drivers.”

In line with their programmatic series of real estate companies, Christina plans to launch a subsequent private equity company, Christina 5, later this year.

To learn more about Christina, please visit us at www.christinala.com.

This release is not an offer to sell or a solicitation to purchase securities, and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.

About Christina

Christina is a Malibu-based real estate sponsor and manager. For nearly 45 years, the firm has sponsored direct real estate investments in the Westside region of Los Angeles. Christina offers accredited investors the opportunity to own coveted investment grade real estate in the ultra-prime submarkets of Los Angeles through its programmatic series of private equity real estate companies, Christina Real Estate Investors (“CREI”). Executing a proprietary strategy focused on tax-advantaged wealth preservation and long-term capital appreciation, Christina has a proven track record of owning and operating prime properties and generating exceptional returns for its investors. For more information, visit: www.christinala.com.

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