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Acquisition of 256-Unit Apartment Complex in Louisville, KY
October 7, 2016

Legacy Capital Partners invested $742,126 as a Co-GP in the acquisition and renovation of an apartment complexes located in Louisville, Kentucky. The total project costs (including funds needed to complete the renovation) were $30.62 million. The asset was purchased with a 10 year variable rate loan totaling $18.25 million. The total equity requirement was $12.37 million.

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