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

“Our team has worked diligently to organize this remarkable portfolio, which includes some of the most exclusive properties in the Westside area of ​​Los Angeles,” said Lawrence N. Taylor, Founder and President of Christina. “Our 45 years of 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 always remained true to our winning investment strategy of owning and operating top quality properties and generating exceptional returns for investors. ”

The strategy and structure of Christina Real Estate Investors (“CREI”) is designed to provide investors with direct ownership in high quality income producing real estate portfolios located exclusively in the best sub-markets and towns of the Westside region. of Los Angeles. By acquiring, enhancing, operating and redeveloping a diversified portfolio of multi-family, office and commercial assets, Christina’s primary goal is to achieve superior long-term and tax-efficient returns.

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

In line with her programmatic series of real estate companies, Christina plans to launch another private equity firm, Christina 5, later this year.

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

This press release does not constitute an offer to sell or a solicitation to buy any securities and does not constitute an offer, solicitation or sale in any state or jurisdiction in which such offer, solicitation or sale would be illegal.

About Christine

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



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