About LaTerra Development, LLC
LaTerra Development is a privately owned, Los Angeles based full service real estate development and investment company, focused on urban infill multifamily properties, targeting assets in established communities with proven long-term demand drivers. Our investment strategy is to acquire, entitle, build, and hold for cash flow and appreciation. Our mission is to create dynamic multifamily and mixed-use developments that provide positive fiscal impacts to neighborhood communities, while utilizing designs that incorporate green building practices and sustainable materials.
LaTerra employs a full-spectrum development approach, managing the investment process throughout all phases of asset acquisition, entitlement, design, construction (through LT Building Corp., LaTerra’s general contracting affiliate), operations and disposition. In addition, given that LaTerra’s principals have previously acquired and repositioned thousands of apartment units, LaTerra has a value-add platform as a complementary business line to its currently successful ground-up development platform.
The LaTerra executive group has over 150 years of combined experience in California real estate development. The LaTerra core management team has sponsored on behalf of institutional and private investors the investment, development and management of over $5 billion in real estate assets.
LaTerra is one of the most active and prominent real estate development companies in Southern California with more than 3,000 multifamily units under construction or in the pipeline with an estimated value at completion of more than $2 billion. LaTerra is currently developing projects in such notable markets as Santa Monica, Los Feliz, Burbank, Hollywood, West Hollywood, Echo Park, and Venice/ Mar Vista.