Archives
Autumn Cove
April 2, 2014
Multifamily for rent 288-unit market rate apartment complex Acquisition and repositioning of an existing complex in Orange Park, FL Investment closed in February 2013. The project was acquired at an attractive basis from an apartment REIT looking to exit their investments in Florida. The portfolio sold in January 2019. Legacy’s investment in the portfolio realized [...]
Multifamily for rent 522-unit market rate apartment complex Acquisition and repositioning of an existing complex in Ocoee, FL Investment closed in July 2013. Legacy sold its interest in December 2015 and the investment realized a 44.8% IRR and a 2.22x equity multiplier. [...]
Multifamily for rent 180-unit market rate apartment complex Acquisition and repositioning of an existing complex in Norcross, Gwinnett County, GA Investment closed in March 2013. The project was sold in December 2016 and Legacy’s investment realized a 31.33% IRR and a 2.47x equity multiple. [...]
Commercial 220,000 sf portfolio of three office complexes Acquisition and re-positioning of a 220,000 sf portfolio of three office parks in Northeast Ohio Investment closed in January 2008. The portfolio was made up of 19 individual buildings in the three office parks. The portfolio was sold in April 2019. [...]
The Launch at Hingham Shipyard
June 20, 2013
Commercial 240,000 sf retail/office mixed use complex Ground-up development within the Hingham Shipyard located on the southshore of Boston, MA Investment closed in November 2006. Major tenants include Fresh Market, Trader Joe’s, Bed, Bath and Beyond, Old Navy, Talbots, Eastern Mountain Sports, and Patriot Theater. The Launch opened in September 2010 and is a part [...]
Commercial 189,450 sf retail shopping center Acquisition and re-positioning of a 189,450 sf shopping center located on the northern side of Chicago, IL Investment closed in April 2011. The project closed in August 2012 and Legacy’s investment realized a 48.5% IRR and a 1.85x equity multiplier. [...]
Halsted Pershing Business Center
Commercial 104,000 sf warehouse/light manufacturing facility Ground-up development in the Stockyards Industrial Park on Chicago’s southside Investment closed in November 2006. The project sold in June 2014. [...]
Multifamily for sale 118 for-sale townhome and condominium units Ground-up development in Westlake, OH Investment closed in January 2006. Located immediately adjacent to Crocker Park, a mixed-use open air “life style” center including retail, apartments, office, restaurants and a movie theater. Sales activity has continued and units are under construction to meet demand. [...]
Multifamily for sale 94 for-sale condominium units Ground-up development within the Hingham Shipyard located on the south shore of Boston, MA Investment closed in November 2008. The final sell-out of 26 units in Phase I of the 94 waterfront condominium project occurred in July 2014. The sale of the remaining land transferred in April 2017. [...]
Multifamily for rent 117-unit Class A+ independent senior housing project Acquisition and re-development of an existing 9-story tower immediately adjacent to the University of Colorado Investment closed in May 2007. The project was sold in June 2017 and Legacy’s investment realized a 9.97% IRR and a 2.35x equity multiple [...]