MALIBU, Calif.--(BUSINESS WIRE)--Christina Development Corporation (“Christina”) is celebrating its 40th anniversary as a preeminent sponsor of direct real estate investments in the ultra-prime submarkets of West Los Angeles, executing an investment strategy focused on wealth preservation and capital appreciation by active, hands-on asset management.
Lawrence N. Taylor, President of Christina, shared, “40 years in business without a single real estate investment loss for our investors throughout various real estate cycles is a great testimony to our unmatched market knowledge and success. I am even more excited about opening up our investment opportunity to new accredited investors since the JOBS Act created Rule 506(c) of Regulation D.”
Christina is a real estate investment company founded in 1977 and headquartered in Malibu, California. Since inception, Christina has specialized in acquiring, developing, redeveloping, financing, syndicating and operating investment grade multi-family residential and commercial income-producing properties in the ultra-prime sub-markets of West Los Angeles, California including Beverly Hills, Brentwood, Century City, Malibu, Santa Monica, Westwood, West Hollywood, and Venice/Silicon Beach.
On November 21, 2013, Christina launched its first private equity company (“Christina 1”). Christina 1 owns six properties and is closed for investment. On September 1, 2016, Christina launched its second private real estate company (“Christina 2”). Christina 2 owns six properties and is currently open for investment.
This release is not an offer to sell or a solicitation of an offer 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. Any offering by Christina 2 will be made only in accordance with the terms and conditions set forth in Christina 2’s Private Placement Memorandum.