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News Archives

Author Archives: Legacy Capital

Acquisition of 250-unit Apartment Complex in Carrboro (Chapel Hill), North Carolina
November 1, 2019

Legacy Capital Partners invested $7.84 million in the acquisition and renovation of an apartment complex located in Carrboro (Chapel Hill), North Carolina. The total project costs (including funds needed to complete the renovation) were $43.014 million. The asset was purchased with a $33.214 million variable rate loan with interest only for the initial three-year term [...]

Acquisition of 143-unit Apartment Complex in St. Louis (St. Charles County), MO
September 20, 2019

Legacy Capital Partners invested $5.04 million in the acquisition of an apartment complex located in St. Louis (St. Charles County), Missouri. The total project costs were $19.3 million. The asset was purchased with a $13.0 million variable rate bridge loan with interest only for the first three years of the five-year term, which has two [...]

Acquisition of 300-unit Apartment Complex in Denver, CO
August 23, 2019

Legacy Capital Partners invested $12.964 million in the acquisition and renovation of an apartment complex located in Denver, Colorado. The total project costs (including funds needed to complete the renovation) were $60.27 million. The asset was purchased with a $41.75 million fixed rate loan with interest only for the first five years of the ten-year [...]

Acquisition of 378-unit Apartment Complex in Greenville, South Carolina
June 6, 2019

Legacy Capital Partners invested $9.74 million in the acquisition and renovation of an apartment complex located in Greenville, South Carolina. The total project costs (including funds needed to complete the renovation) were $55.169 million. The asset was purchased with a $42.369 million variable rate loan with interest only for the initial three year term. The [...]

Acquisition of Two Property Apartment Portfolio in Montgomery, Alabama
May 24, 2019

Legacy Capital Partners invested $7.35 million in the acquisition and renovation of two garden style apartment communities located in Montgomery, Alabama. The total project costs, including funds needed to complete the renovation, were $41.2 million. The assets were purchased with a $31.1 million fixed rate loan with interest only for the term of the loan. [...]

Acquisition of 208-unit Apartment Complex in High Point, North Carolina
February 19, 2019

Legacy Capital Partners invested $3.628 million in the acquisition and renovation of an apartment complex located in High Point, North Carolina. The total project costs (including funds needed to complete the renovation) were $16.73 million. The asset was purchased with a $12.195 million fixed rate loan with interest only for the first four years of [...]

David St. Pierre featured in Smart Business Dealmakers
December 12, 2018

David St. Pierre, Legacy Capital Partners’ co-founder and Managing Director is featured as a Smart Business Dealmakers. Smart Business Dealmakers [...]

Acquisition of a 250-unit Apartment Complex in Decatur, Georgia
November 28, 2018

Legacy Capital Partners invested $6.0 million in the acquisition and renovation of an apartment complex located in Decatur, Georgia. The total project costs (including funds needed to complete the renovation) were $34.32 million. The asset was purchased with a $26.02 million variable rate loan with interest only for the first three years of the term. [...]

Acquisition of a 304 Unit Portfolio in St Mary’s County, Maryland
November 14, 2018

Legacy Capital Partners invested $1,183,000 as a Co-GP in the acquisition and renovation of a rental unit portfolio consisting of a 144 unit apartment community and a 160 unit townhome complex located in St Mary’s County, Maryland. The total project costs (including funds needed to complete the renovation and lease-up) were $48.77 million. The assets [...]

Mitchell Schneider is featured in Smart Business Magazine
September 28, 2018

Mitchell Schneider, Legacy Capital Partners’ co-founder and Chairman is featured in Smart Business Magazine. Smart Business Magazine [...]