Christina Development Closes $44 Million Real Estate Fund


A rendering shows what Larchmont Mercantile will look like when the 17,000-square-foot retail site’s updates are finished.

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 investment community.”

“(Unlike) unique stocks or bonds or mutual funds, those typical investments that people can access easily either through their own apps or investment managers … real estate has never been accessible as an investment,” he said.

The fund launched in…

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