+
News Archives

Archives

Green at Northpark
December 17, 2021

Multifamily for rent 218-unit market rate apartment complex. Acquisition and re-positioning of a market rate apartment complex in Covington, LA. Investment closed in December 2021. As this is relatively new construction, there is no planned renovation strategy for the project. The investment strategy is to raise the average in-place rental rates and burn off the [...]

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 [...]

Inverness Apartments
October 15, 2020

Multifamily for rent 208-unit market rate apartment complex. Acquisition and re-positioning of a market rate apartment complex in Tuscaloosa, AL. Investment closed in October 2020. The roof repairs, leasing center, and balcony repairs are complete, and the interior unit renovations are underway. The project is currently 93% occupied. [...]

Sawbury Commons Apartments
February 14, 2020

Multifamily for rent 92-unit market rate apartment complex. Acquisition and re-positioning of a market rate apartment complex in Dublin (Columbus), OH. Investment closed in February 2020. The exterior renovations are complete and the interior unit renovations are underway. The project is currently 94% occupied. [...]

Trinity at the Hill (180 West Apartments)
November 1, 2019

Multifamily for rent 250-unit market rate apartment complex. Acquisition and re-positioning of a market rate apartment complex in Carrboro (Chapel Hill), NC. Investment closed in November 2019. Renovations are underway on the exterior improvements, amenity package, landscaping and interior unit renovations. The project is currently 75%+ occupied. [...]

Pure St. Peters Apartments
September 20, 2019

Multifamily for rent 143-unit market rate apartment complex. Acquisition and stabilization of a market rate apartment complex in St. Louis (St. Charles County), MO. Investment closed in September 2019. The lease-up of the property is complete. The project is currently 95%+ occupied. [...]

Ventana at Colorado Station
August 23, 2019

Multifamily for rent 300-unit market rate apartment complex. Acquisition and re-positioning of a market rate apartment complex in Denver, CO. Investment closed in August 2019. The renovations are complete at the property. The project is currently 95%+ occupied. [...]

Olmsted Savannah
June 28, 2019

Multifamily for rent 163-unit market rate apartment complex. Ground up multifamily development in the historic district of downtown Savannah, GA. Investment closed in June 2019. Construction of the apartment community is underway and slated to open in the fourth quarter of 2021. [...]

Retreat at Waterside Greene Apartments
June 6, 2019

Multifamily for rent 378-unit market rate apartment complex. Acquisition and re-positioning of a market rate apartment complex in Greenville, SC. Investment closed in June 2019. The asset sold in June 2021. Legacy’s investment realized a 9.5% IRR and a 1.2x multiple. [...]

Stratford Village Apartments
May 24, 2019

Multifamily for rent 224-unit market rate apartment complex Acquisition and repositioning of a two asset portfolio (512-unit) located in Montgomery, AL Investment closed in May 2019. The portfolio sold in October 2021. Legacy’s investment realized a 25.49% IRR and a 1.67x multiple. [...]