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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 investment strategy includes renovations to the exterior (deferred maintenance, painting, lighting, signage and landscaping) and amenities as well as renovations to the interior units. The asset is currently [...]

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. [...]