Christina

What Christina does

Christina (legal entity Christina Development Corporation, DBA Christina Real Estate Investors) is a privately held real estate investment firm founded in 1977 by Lawrence N. Taylor and headquartered at 22653 Pacific Coast Highway in Malibu, California. The firm operates as a sponsor of private equity real estate funds focused exclusively on the ultra-prime Westside region of Los Angeles, covering eight contiguous submarkets — Beverly Hills, Brentwood, Century City, Malibu, Santa Monica, Silicon Beach, West Hollywood, and Westwood. Through successive programmatic fund vehicles (Christina 1, 2, 4, and the current Christina 5), Christina acquires off-market and distressed properties at discounts, executes value-add renovations and repositioning, and provides qualified investors with exposure to investment-grade assets that are generally inaccessible to retail buyers.

Christina monetizes this activity through a traditional private-equity real-estate sponsor model, earning fund management fees, acquisition and disposition fees, and carried interest on realized gains. The current Christina 5 offering is structured in two vehicles — Wealth Builder, which uses moderate leverage to pursue value-add upside, and Income Builder, which is unleveraged and targets stabilized cash-flowing properties. The firm is vertically integrated across acquisition, finance, development, asset management, and property management. Distribution is conducted through the third-party JuniperSquare investor portal, an in-house investor-relations team led by Managing Director John Robertson, and a content-marketing program spanning podcasts, webinars, the Larry's Letters newsletter, and earned media coverage in publications such as the Wall Street Journal, Bloomberg, Forbes, Yahoo Finance, and the Los Angeles Business Journal.

Christina's target customer base is accredited investors and high-net-worth individuals seeking tax-efficient, professionally managed exposure to Westside LA real estate. The firm claims zero realized investment losses across its 49+ year history and reports cumulative real estate purchases exceeding $250M since founding; the Christina 4 fund alone closed at $44.1 million from more than 150 investors in November 2021. Since 2022, Christina has expanded investor eligibility to all 50 U.S. states and has been actively fundraising for Christina 5.

Name

Christina

Legal name

Christina Development Corporation

Website

https://christinala.com

Company type

Private

Founded year

1977

Operating status

Operating

Headcount range

51–100 employees

Short description

Christina is a Malibu-based private equity real estate sponsor founded in 1977 that raises capital from accredited investors to acquire, renovate, and manage investment-grade properties across eight ultra-prime Westside Los Angeles submarkets through successive programmatic funds.

Ownership category

akta.pro rank

Product category

Private Equity Real Estate Investment

NAICS

Other Investment Pools and Funds (5259), Portfolio Management and Investment Advice (523940)

SIC

Real Estate Dealers (For Their Own Account) (6532), Investment Advice (6282)

akta.pro primary industry

Real Estate Funds — Opportunistic / Development (FSANAEAI)

Keywords

• Private equity real estate
• Real estate investment funds
• Accredited investor offerings
• Value-add real estate
• Westside Los Angeles properties

Headquarters

HQ city

Malibu

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

1. Fund Sponsorship and Management Fees: Christina generates revenue as the sponsor and manager of private equity real estate funds. The firm collects management fees and carried interest (performance fees) from investors in its programmatic series of offerings including Christina 1, 2, 4, and 5.
2. Real Estate Acquisition and Value Creation: The firm purchases off-market and distressed properties at discounts, executes value-add strategies including renovations and repositioning, and generates returns through appreciation, rental income, and eventual property sales or refinancings.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Christina is a Malibu-based real estate developer, manager, and sponsor that raises capital from accredited investors through a programmatic series of private equity real estate funds. The firm identifies, acquires, and manages investment-grade properties in the ultra-prime submarkets of Los Angeles' Westside region, employing value-bought, vertically integrated, and tax-efficient investment strategies. Current and historical fund vehicles include Christina 1, Christina 2, Christina 4, and the active Christina 5 offering.

Product overview

Christina is a Malibu-based real estate developer, manager, and sponsor offering private equity real estate investment opportunities through programmatic series of offerings. The current offering, Christina 5, consists of two investment vehicles (Wealth Builder and Income Builder) that provide qualified investors access to investment-grade properties in ultra-prime submarkets of Los Angeles' Westside region. Prior closed funds include Christina 4 (7 properties: 6 multifamily + 1 commercial), Christina 2 (7 properties: 4 multifamily + 3 commercial), and Christina 1 (7 properties: 1 commercial + 6 multifamily).

Differentiator

Problem solved

Functional benefit

Products and services

• Christina 5 Christina 5 is the firm's current private equity real estate fund offering, providing qualified accredited investors with ownership exposure to investment-grade properties in the Westside region of Los Angeles. It is structured as two complementary vehicles: a Wealth Builder vehicle that uses moderate leverage to acquire more real estate with value-add upside, and an Income Builder vehicle that forgoes leverage to distribute cash flow and reduce financing risk.
• Christina 4 Christina 4 is a closed private equity real estate fund that held six multifamily properties and one commercial property in the Westside Los Angeles market, including the West 3rd Street Shopping District, Playa del Rey, and West Hollywood. The fund closed at $44.1 million raised from more than 150 accredited investors.
• Christina 2 Christina 2 is a closed private equity real estate fund comprising four multifamily properties and three commercial properties across the Westside region of Los Angeles, including assets in Beverly Hills, West Hollywood, Brentwood, and Century City such as Larchmont Mercantile and Beverly Drive Promenade.
• Christina 1 Christina 1 is a closed private equity real estate fund that held one commercial property, one luxury condominium development, and five multifamily properties in West Hollywood, Los Angeles, and Studio City.

Quantifiable outcome

• Zero realized investment losses across 49+ years of operations
• +2 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core and minor.

• John Robertson (Managing Director of Investor Relations)coreOthers · 22 September 2023Addition to leadership team as Managing Director of Investor Relations, a fundamental role as the firm accelerates the distribution of its programmatic series of private equity real estate investment companies.
• Former CrowdStreet ExecutiveminorOthers · 22 June 2023Christina expanded leadership team by tapping a former CrowdStreet executive to support investor relations and fund distribution functions.

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Origin Investments: Chicago-based private equity real estate sponsor raising pooled funds from individual investors for value-add multifamily and mixed-use deals in select U.S. metros. Most direct analog to Christina: programmatic fund series, accredited-investor focus, single-region specialization, and similar AUM scale.
• EquityMultiple: Online platform that curates private real estate debt and equity offerings for accredited investors across multiple sponsors. Comparable to Christina as a distribution and curation layer for individual LPs investing in real estate funds, though EquityMultiple is a multi-sponsor platform rather than a single-sponsor.
• RealtyMogul: Real estate crowdfunding platform offering individual accredited investors access to private REITs and single-deal offerings. Comparable business model to Christina in aggregating accredited capital for private real estate, but operates as a multi-sponsor marketplace.
• PeerStreet: Real estate investment platform historically focused on short-duration debt offerings to individual investors. Similar accredited-investor distribution model to Christina, with comparable target LP profile. Has shifted business model multiple times, making the comparison more relevant on go-to-market than on product.
• CrowdStreet: Real estate investment marketplace historically connecting individual accredited investors with institutional-quality private real estate deals. Christina even hired a former CrowdStreet executive. Closest direct analog in distribution model, though CrowdStreet is currently winding down operations.

Broad incumbents

• Fundrise: Large tech-enabled real estate investment platform offering diversified eREITs and interval funds to both accredited and non-accredited investors. Significantly larger and more diversified than Christina, but addresses the same underlying demand: individual investor access to private real estate.
• Kennedy Wilson: Global real estate investment company active in LA, with a co-investment platform (Kennedy Wilson Real Estate Fund III) that has historically opened to individual accredited investors. Directly competes in Westside LA submarkets (Beverly Hills, Brentwood) where Christina operates, but at much larger scale.
• Marcus & Millichap: Large commercial real estate investment sales and capital markets firm with significant LA presence. Overlaps with Christina in Westside LA investment brokerage, deal sourcing, and capital advisory for commercial/multifamily assets, though at a much larger scale.

Regional players

• Rafael Development Partners: Real estate investment and development firm operating in select U.S. markets with institutional and high-net-worth capital. Comparable programmatic fund model to Christina, but operating in different metros — a useful comp on structure rather than geography.

Others

• Berkshire Hathaway HomeServices: Large national real estate brokerage and franchise network with deep California franchisee presence. Tangentially comparable to Christina in Westside LA residential and luxury real estate — overlapping customer base (high-net-worth buyers) and geography, but a brokerage rather than a fund sponsor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/christinala

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Christina