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Salado Springs
November 18, 2021

Multifamily for rent 352-unit market rate apartment complex. Acquisition and re-positioning of a market rate apartment complex in San Antonio, TX. Investment closed in November 2021. The exterior renovations, clubhouse updates, and interior unit renovations are underway. The asset is currently 93%+ occupied. [...]

Circle at Point Park
May 16, 2016

Multifamily for rent 964-unit market rate apartment complex Acquisition and repositioning of an existing complex in Houston, TX Investment closed in May 2016. The asset sold in December 2021. [...]

Ridgewood Preserve
June 20, 2013

Multifamily for rent 184-unit market rate apartment complex. Acquisition and re-positioning of a three-property (550-unit) portfolio in Arlington, TX Investment closed in May 2010. The portfolio was acquired out of foreclosure. The portfolio was sold in August 2012 to a REIT and Legacy received OP Units. Legacy’s investment in the portfolio realized a 38.4% IRR [...]

Manchester Park

Multifamily for rent 126-unit market rate apartment complex. Acquisition and re-positioning of a three-property (550-unit) portfolio in Arlington, TX Investment closed in May 2010. The portfolio was acquired out of foreclosure. The portfolio was sold in August 2012 to a REIT and Legacy received OP Units. Legacy’s investment in the portfolio realized a 38.4% IRR [...]

Heritage Fields

Multifamily for rent 240-unit market rate apartment complex. Acquisition and re-positioning of a three-property (550-unit) portfolio in Arlington, TX Investment closed in May 2010. The portfolio was acquired out of foreclosure. The portfolio was sold in August 2012 to a REIT and Legacy received OP Units. Legacy’s investment in the portfolio realized a 38.4% IRR [...]

Cabana Beach

Multifamily for rent 276-unit (744-bed) student housing apartment complex Ground-up development at Texas State University Investment closed in July 2005. The project sold as a part of a multi-property portfolio in November 2007, and Legacy’s investment realize an 11.3% IRR and a 1.3x equity multiple. [...]