DiscoverNo Vacancy with Taylor AvakianHe sold his festival to MTV then built 3,000 apartments | Chris Tourtellotte of La Terra Development
He sold his festival to MTV then built 3,000 apartments | Chris Tourtellotte of La Terra Development

He sold his festival to MTV then built 3,000 apartments | Chris Tourtellotte of La Terra Development

Update: 2025-04-15
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How do the biggest institutional developers navigate real estate cycles and execute billion-dollar projects?


Chris Tourtellotte, Managing Director at LaTerra Development, breaks down his approach to mixed-use development, market timing, and working with institutional capital.


Learn how Chris:

  • Raised and deployed over $3B in real estate projects
  • Structures large-scale mixed-use & multifamily developments
  • Adapts to interest rate shifts and economic cycles
  • Balances risk management and aggressive deal-making
  • Sees the future of institutional real estate investment


This episode dives deep into the challenges and opportunities of large-scale development in today’s market.


[00:0000:08 ] Introduction

[00:0902:09 ] Snowglobe Music Festival Story

[02:0902:59 ] Challenges and Successes in Music Festival Business

[06:1907:10 ] Exit Strategy and MTV Acquisition

[09:0710:02 ] Real Estate Transition: From Music to Development

[11:0413:39 ] Overcoming Challenges in Real Estate Development

[16:1818:06 ] Expansion into New Markets

[28:2733:12 ] Build-to-Rent Projects and Opportunity Zones

[36:3644:13 ] Strategies for Growth and Investment

[47:0957:18 ] Social Media and Raising Capital

[58:5401:00:26 :08] Advice for Aspiring Developers

[01:03:08 :23 - 01:03:48 :02] Conclusion and Future Outlook



📈 Connect with me:

Website: https://www.thegroupcre.com/

Email: taylor@thegroupcre.com

X: https://x.com/TAYVAY_

LinkedIn: https://www.linkedin.com/in/tayloravakian/



#RealEstatePodcast #InstitutionalRealEstate #MixedUseDevelopment #RealEstateInvesting #MultifamilyDevelopment #MarketTrends #InvestmentStrategies #UrbanDevelopment #BillionDollarDeals

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He sold his festival to MTV then built 3,000 apartments | Chris Tourtellotte of La Terra Development

He sold his festival to MTV then built 3,000 apartments | Chris Tourtellotte of La Terra Development

Taylor Avakian | Los Angeles Multifamily Broker