Archives
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. The exterior and interior renovations are complete. The project is currently 95%+ occupied./li> [...]
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. The last investment in the portfolio sold in December 2024 and Legacy realized a 21.15% IRR and a 1.92x equity multiple. [...]
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. The last investment in the portfolio sold in December 2024 and Legacy realized a 21.15% IRR and a 1.92x equity multiple. [...]
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 last investment in the portfolio sold in December 2024 and Legacy realized a 21.15% IRR and a 1.92x equity multiple. [...]
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 project was the last asset in the portfolio and sold in December 2024. Legacy realized a 21.15% IRR and a 1.9x equity multiple. [...]
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. The project sold in December 2024 and Legacy realized a 20.7% IRR and a 3.3x equity multiple. [...]
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. [...]