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News Archives

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University LinQ
May 1, 2018

Multifamily for rent 612-bed (156-unit) student housing project serving University of South Florida Acquisition of an existing purpose-built student housing community in Tampa, FL Investment closed in May 2018. The project sold in May 2022. [...]

The Garrett (Oak Creek Village Apartments)
March 15, 2018

Multifamily for rent 500-unit market rate apartment complex Acquisition and repositioning of an existing complex in Durham, NC Investment closed in March 2018. The asset sold in June 2021. Legacy’s investment realized a 16.4% IRR and a 1.6x multiple. [...]

Bonne Vie II (Yorkshire Edenborn Apartments)
February 7, 2018

Multifamily for rent 91-unit market rate apartment complex. Acquisition and re-positioning of a four-property (556-unit) portfolio in Metairie, LA Investment closed in February 2018. Bonne Vie II (91 units) sold in February 2020. [...]

Bonne Vie I (Williamsburg Apartments)

Multifamily for rent 52-unit market rate apartment complex. Acquisition and re-positioning of a four-property (556-unit) portfolio in Metairie, LA Investment closed in February 2018. Bonne Vie I (52 units) sold in October 2020. [...]

Grand Vida (The Clearmont Apartments)

Multifamily for rent 252-unit market rate apartment complex. Acquisition and re-positioning of a four-property (556-unit) portfolio in Metairie, LA Investment closed in February 2018. Grand Vida (252 units) sold in February 2020. [...]

The Local on Severn (Castille Severn Apartments)

Multifamily for rent 161-unit market rate apartment complex. Acquisition and re-positioning of a four-property (556-unit) portfolio in Metairie, LA Investment closed in February 2018. The original planned renovation and additional approved renovations are complete. Additional renovations are underway. The project is currently 95%+ occupied. [...]

Cranberry Pointe Apartments
December 29, 2017

Multifamily for rent 92-unit townhome tax-credit community Acquisition of a townhome tax-credit apartment complex located in Cranberry, Pennsylvania Investment closed in December 2017. All planned renovations are complete. The project is currently 92%+ occupied. [...]

Summer Chase Apartments
August 1, 2017

Multifamily for rent 168-unit market rate apartment complex Acquisition and re-positioning of a garden style apartment complex located in Little River (N. Myrtle Beach), South Carolina Investment closed in August 2017. All immediate repairs and exterior renovations are complete. Interior unit renovations are continuing. The project is currently 93%+ occupied. [...]

Lago Paradiso at the Hammocks
May 31, 2017

Multifamily for rent 424-unit market rate apartment complex Acquisition and re-positioning of a garden style apartment complex located in Miami, Florida Investment closed in May 2017. The asset sold in September 2021. Legacy’s investment realized a 27.57% IRR and a 2.29x multiple. [...]

Gateway at Cedar Brook
December 20, 2016

Multifamily for rent 164-unit market rate apartment complex. Acquisition and re-positioning of a two-property (332-unit) portfolio in Decatur, GA Investment closed in December 2016. The portfolio sold in August 2020 and Legacy’s investment realized a 40.23% IRR and a 2.83x equity multiple. [...]