Archives
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. [...]
Multifamily for rent 288-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. [...]
Chatham Wood Apartments
February 19, 2019
Multifamily for rent 208-unit market rate apartment complex. Acquisition and re-positioning of a market rate apartment complex in High Point, NC. Investment closed in February 2019. Renovations are complete on the roof repairs, electrical panel replacement, asphalt repairs, window replacements, and pool deck repairs. Interior unit renovations are underway. The project is currently 95%+ occupied. [...]
The Dexter
November 28, 2018
Multifamily for rent 250-unit market rate apartment complex. Acquisition and re-positioning of a market rate apartment complex in Decatur, GA Investment closed in November 2018. The project sold in June 2022 and Legacy realized a 34.8% IRR and a 2.7x equity multiple. [...]
Villas at Greenview
November 14, 2018
Multifamily for rent 160-unit market rate townhome complex Acquisition and repositioning of a two asset portfolio (304-unit) located in St Mary’s County, MD Investment closed in November 2018. The exterior renovations are complete. Interior unit renovations are continuing. In January 2023 the portfolio was refinanced and all original invested equity was returned. The portfolio is [...]
Multifamily for rent 144-unit market rate apartment complex Acquisition and repositioning of a two asset portfolio (304-unit) located in St Mary’s County, MD Investment closed in November 2018. The exterior renovations are complete. Interior unit renovations are continuing. In January 2023 the portfolio was refinanced and all original invested equity was returned. The portfolio is [...]
High Ridge Landing
September 5, 2018
Multifamily for rent 184-unit market rate apartment complex Acquisition and redevelopment of an apartment community located in Boynton Beach, Florida Investment closed in September 2018. High Ridge Landing (184 units), which was part of the Sheridan High Ridge Portfolio (424 units), was the only remaining asset in the portfolio and sold in September 2022. Legacy’s [...]
Multifamily for rent 240-unit market rate apartment complex Acquisition and redevelopment of an apartment community located in Dania Beach, Florida Investment closed in September 2018. Beach Walk (240 units), which was part of the Sheridan High Ridge Portfolio (424 units), sold in December 2021. The remaining asset, High Ridge Landing (184 units) sold in September [...]
Briarcliff at West Hills
July 23, 2018
Multifamily for rent 377-unit market rate apartment complex Acquisition and redevelopment of a two-property (457 units) portfolio located in Knoxville, TN Investment closed in July 2018. Briarcliff (377 units), which is part of the Knoxville Portfolio (457 units), sold in December 2021./li> [...]
Multifamily for rent 80-unit market rate townhome complex Acquisition and redevelopment of a townhome complex located in Knoxville, TN Investment closed in July 2018. Renovations are complete on the roof repairs, siding, breezeways, and decks. The project is currently 95%+ occupied./li> [...]