Christina Development Corporation, a real estate investment sponsor and manager, has appointed Richard Moran, a wealth management industry executive, to the newly created position of managing director of capital markets.
In his new role, Moran will cultivate Christina’s relationships with registered investment advisor firms and family offices whose clients are seeking portfolio diversification with high-performing alternative investments and for whom Christina’s unique geographic-focused real estate investment strategy and performance track record have resonance.
Christina was founded in 1977 and has sponsored more than 100 real estate investments in the Westside region of Los Angeles, encompassing Beverly Hills, Brentwood, Century City, Malibu, Santa Monica, Westwood, West Hollywood and Venice / Silicon Beach.
Moran joins Christina from Global City Advisors, a firm he founded in 2013 that provides wealth-management and product-distribution consulting services. Prior to that he worked in executive positions for Bear Stearns Asset Management and UBS Wealth Management, culminating in his role as president of Symetra Investment Services, a broker-dealer and RIA with 400 registered representatives whose parent company was later acquired by Sumitomo Life of Japan.
“Richard Moran brings a combination of skills, know-how and executive and consulting experience to the table that is second-to-none,” said Lawrence Taylor, founder of Christina. “He is exactly the caliber of professional we were interested in bringing on board, who from day one has helped us extend our reach and strengthen our bonds with premier financial advisors and their clients.”
Headquartered in Malibu, Christina sponsors direct real estate investments and has launched multiple private equity real estate companies since November 2013. Its latest private equity real estate company, Christina 4, is currently open for investment.