Tuesday May 14, 2024

Navigating Development Deals and Housing Policy Challenges - E856 - TT

In this Topical Tuesday episode, I spoke with Chris Tourtellotte who serves as a Managing Director of LaTerra, where he is responsible for overseeing the Development group, sourcing and closing new acquisitions, sourcing debt and equity, and growing LaTerra’s apartment and mixed-use development platform.

Be sure to tune in if you’re interested in learning about:

  • Intriguing stories about the importance of understanding cultural nuances when negotiating real estate transactions
  • The impact of high interest rates, COVID-related cost increases, and market-specific supply issues on the feasibility of new development projects
  • The complexities of the entitlement process, red tape, and NIMBYism, particularly in challenging markets like California
  • Identifying lucrative opportunities in acquiring existing multifamily assets below replacement cost and exploring self-storage development projects amidst the current economic landscape

To your success,

Tyler Lyons

Resources mentioned in the episode:

  1. Chris Tourtellotte

LinkedIn

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Website

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