Acquisition of 166-Unit Apartment Complex in Bradenton, Florida
April 20, 2017

Legacy Capital Partners invested $4.608 million in the acquisition and renovation of a 166-unit apartment complex located in Bradenton, Florida. The total project costs (including funds needed to complete the renovation) were $21.16 million. The asset was purchased with a $15.2 million 10 year loan with interest only for the first five years. The total [...]

Acquisition of Two Apartment Complexes in Decatur, GA
December 20, 2016

Legacy Capital Partners invested $5.08 million in the acquisition and renovation of two garden style apartment complexes located in Decatur, Georgia. The total project costs (including funds needed to complete the renovation and lease-up) were $30.45 million. The assets were purchased with a $24.1 million variable rate loan with interest only for the first three [...]

Acquisition of 648 bed (204-unit) purpose built student housing complex in Salisbury, MD
December 15, 2016

Legacy Capital Partners invested $7.792 million in the acquisition of a 648-bed (204-unit) student housing community serving Salisbury University in Salisbury, Maryland. The total project costs were $43.74 million. The partnership assumed an existing $34.0 million fixed rate loan with one-year of interest only remaining. The total equity requirement was $9.74 million. [...]

Acquisition of 256-Unit Apartment Complex in Louisville, KY
October 7, 2016

Legacy Capital Partners invested $742,126 as a Co-GP in the acquisition and renovation of an apartment complexes located in Louisville, Kentucky. The total project costs (including funds needed to complete the renovation) were $30.62 million. The asset was purchased with a 10 year variable rate loan totaling $18.25 million. The total equity requirement was $12.37 [...]

Acquisition of 354-Unit Apartment Complex in Atlanta, GA
September 30, 2016

Legacy Capital Partners invested $6.9 million in the acquisition and renovation of a 354-unit apartment complex located in Atlanta, Georgia. The total project costs (including funds needed to complete the renovation) were $30.57 million. The asset was purchased with a $21.9 million 10 year loan with interest only for the first four years. The total [...]

Acquisition of 964-Unit Apartment Complex in Houston, TX
May 16, 2016

Legacy Capital Partners invested $5.0 million in the acquisition and renovation of a 964-unit apartment complex located in Houston, Texas. The total project costs (including funds needed to complete the renovation) were $87.01 million. The asset was purchased with a $65.0 million 10 year loan with interest only for the first four years. The total [...]

Acquisition of 400-Unit Apartment Complex in Birmingham, AL
April 14, 2016

Legacy Capital Partners invested $7.73 million in the acquisition and renovation of a 400-unit apartment complex located in Birmingham, Alabama. The total project costs (including funds needed to complete the renovation) were $38.78 million. The asset was purchased with a $27.15 million 4 year loan with interest only for the entire term. The total equity [...]

Acquisition of Two Apartment Complexes in Lawrence, KS
December 15, 2015

Legacy Capital Partners invested $527,472 as a Co-GP in the acquisition and renovation of two garden style apartment complexes located in Lawrence, Kansas. The total project costs (including funds needed to complete the renovation and lease-up) were $34.96 million. The assets were purchased with two separate 10 year fixed rate loans totaling $24.4 million. The [...]

Acquisition of 180-Unit Apartment Complex in Norcross, GA
March 28, 2013

Legacy Capital Partners invested $3.0 million in the acquisition and renovation of a 180-unit garden style apartment complex located Norcross, Gwinnett County, Georgia. The total project costs (including funds needed to complete the renovation and lease-up) were $12.36 million. The asset was purchased with a $8.6 million fixed rate loan with a term of 10 [...]

Acquisition of Two Apartment Complexes in Orange Park, FL
February 28, 2013

Legacy Capital Partners invested $7.1 million in the acquisition and renovation of two garden style apartment complexes located in Orange Park, Florida. The total project costs (including funds needed to complete the renovation and lease-up) were $52.3 million. The assets were purchased with $35.625 million fixed rate loans with 10 year terms. The total equity [...]