+
News Archives

Author Archives: Legacy Capital

Acquisition of 190-unit Apartment Complex in Norfolk, Virginia
January 30, 2023

Legacy Capital Partners invested $11.509 million in the acquisition of an apartment complex located in Norfolk, Virginia. The total project costs were $31.3 million. The asset was purchased with a $17.76 million fixed rate loan with interest only for the first five years of the 10-year term. The total equity requirement was $13.54 million. Legacy [...]

Acquisition of 169-unit Apartment Complex in Winston-Salem, North Carolina
July 29, 2022

Legacy Capital Partners invested $13.4045 million in the acquisition of an apartment complex located in Winston-Salem, North Carolina. The total project costs were $29.575 million. The asset was purchased with a $13.805 million fixed rate loan with interest only for the first five years of the seven year term. The total equity requirement was $15.77 [...]

Acquisition of 218-unit Apartment Complex in Covington, Louisiana
December 17, 2021

Legacy Capital Partners invested $12.6 million in the acquisition of an apartment complex located in Covington, Louisiana. The total project costs were $48.5 million. The asset was purchased with a $34.5 million variable rate loan with interest only for the five year term. The total equity requirement was $14.0 million. [...]

Acquisition of 352-unit Apartment Complex in San Antonio, Texas
November 18, 2021

Legacy Capital Partners invested $11.55 million in the acquisition and renovation of an apartment complex located in San Antonio, Texas. The total project costs (including funds needed to complete the renovation) were $61.854 million. The asset was purchased with a $45.154 million variable rate loan with interest only for the initial three-year term. The total [...]

Acquisition of 320-unit Apartment Complex in Mobile, Alabama
April 14, 2021

Legacy Capital Partners invested $8.0576 million in the acquisition and renovation of an apartment complex located in Mobile, Alabama. The total project costs (including funds needed to complete the renovation) were $39.965 million. The asset was purchased with a $29.8 million variable rate loan with interest only for the initial three-year term. The total equity [...]

Acquisition of 208-unit Apartment Complex in Tuscaloosa, Alabama
October 14, 2020

Legacy Capital Partners invested $6.646 million in the acquisition of an apartment complex located in Tuscaloosa, Alabama. The total project costs were $31.507 million. The asset was purchased with a $23.2 million fixed rate loan with interest only for the first five years of the twelve-year term. The total equity requirement was $8.307 million. Legacy [...]

Legacy Capital Partners Adds to Their 2020 Disposition Activity
August 18, 2020

Legacy Capital Partners Adds to Their 2020 Disposition Activity [...]

Legacy Capital Partners – Robust Disposition Activity
March 31, 2020

Great Start to 2020 for Legacy Capital Partners [...]

Olmsted Savannah (163-unit multifamily development) featured in MultifamilyBiz
February 26, 2020

New Multifamily Development in Historic Downtown Savannah, GA [...]

Acquisition of 92-unit Apartment Complex in Dublin (Columbus), Ohio
February 14, 2020

Legacy Capital Partners invested $2.595 million in the acquisition and renovation of an apartment complex located in Dublin (Columbus), Ohio. The total project costs (including funds needed to complete the renovation) were $10.217 million. The asset was purchased with a $7.622 million variable rate loan with interest only for the initial three-year term and the [...]