Christina Refinances West Hollywood Property

January 15, 2021

Business Wire

Christina Development Corporation (“Christina”) announced today the refinancing of a 19-unit multi-family property in West Hollywood, California. This transaction represents one of many by Christina, who has been an active player in the Westside region of Los Angeles since 1977.

Acquired in 2016 from the original developers, the building maintains a classic mid-century architectural style. The unique residences offer secure subterranean parking and have been meticulously renovated to enhance the desirability of this classic building. Residence features include custom kitchen cabinets, stainless steel appliances, custom tile bathrooms, hardwood floors, and in-unit laundry facilities. The project is steps away from Santa Monica Boulevard and the famed Sunset Strip.

The assumable $5,452,000 first trust deed loan was financed by Freddie Mac and bears interest at 2.91% (fixed until January 1, 2028). The loan provides for interest only payments until February 1, 2023 and matures on January 1, 2041.

Lawrence N. Taylor, Founder & CEO of Christina shared, “We are very pleased to further monetize an asset after 5 years of ownership, especially in this challenging environment. Christina’s real estate investment strategy and structure is simple and repeatable. Buy great, tangible real property at the right price in the best locations and enjoy the significant tax benefits during the period of ownership.”

Subscribe to receive Christina updates

Larchmont Village is one of the most unique neighborhoods in all of Los Angeles. Rich in history, it’s one of few places that’s walkable and feels like a true town in the middle of a big city. One of the hallmarks of the area is Larchmont Boulevard, which is known for its variety of retail […]


The Restoration Of Larchmont Mercantile Brings New Life To Los Angeles’ Famed Larchmont Boulevard

March 09, 2022

Retail real estate has made a comeback this year. People are shopping in stores again, and brands are opening new locations.  In CBRE’s Q3 2021 Retail Report, vacancy rates were at a 10-year-low of 5.9%, and retail absorption was 36.7 million square feet, the third-highest in the past decade. It’s evident demand is on the rise. […]


2021 Trends And Future Outlook For Retail Real Estate Leasing

December 17, 2021

Malibu-based real estate sponsor and manager Christina Development Corp. has closed its Christina Real Estate Investors 4 fund, for which it raised $44.1 million from more than 150 investors. Lawrence Taylor, the company’s founder and chairman, said his goal with Christina Real Estate Investors 4 is “to essentially bring real estate investment to the undeserved […]


Christina 4 Closes at $44.1 Million

November 29, 2021

Christina 5Get Started