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LaTerra Breaks Ground on Chula Vista Infill MF Project
Be sure to check out and register for Connect Apartments, coming to L.A. on September 15.
LaTerra Development started construction on two infill apartment projects, totaling 325 units, in Chula Vista, CA and Santa Ana, CA. The Los Angeles-based developer capitalized the projects with institutional joint venture equity and construction financing.
The Chula Vista community is Stone Creek Casitas, a 97-unit garden style apartment project. It features a protected creek that runs through the site, which will be enhanced and fitted with a walking bridge. The other project is The Line at Santa Ana, a 3.9-acre, TOD mixed-use development with 228 apartment units.
LaTerra’s Charles Tourtellotte says the projects expand its apartment and mixed-use development platform, while forming new relationships with quality institutional capital partners.
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