He sold his festival to MTV then built 3,000 apartments | Chris Tourtellotte of La Terra Development
Description
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.
[00:09 –02:09 ] Snowglobe Music Festival Story
[02:09 –02:59 ] Challenges and Successes in Music Festival Business
[06:19 –07:10 ] Exit Strategy and MTV Acquisition
[09:07 –10:02 ] Real Estate Transition: From Music to Development
[11:04 –13:39 ] Overcoming Challenges in Real Estate Development
[16:18 –18:06 ] Expansion into New Markets
[28:27 –33:12 ] Build-to-Rent Projects and Opportunity Zones
[36:36 –44:13 ] Strategies for Growth and Investment
[47:09 –57:18 ] Social Media and Raising Capital
[58:54 –01:00:26 :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