+
News Archives

Archives

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 [...]

Beach Walk at Sheridan

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 [...]

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. [...]

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. [...]

Bradenton Reserve
April 20, 2017

Multifamily for rent 166-unit market rate apartment complex Acquisition and re-positioning of a garden style apartment complex located in Bradenton, Florida Investment closed in April 2017. The project sold in September 2021 and Legacy realized a 20.0% IRR and a 2.0x equity multiple. [...]

Vista Grande
April 3, 2014

Multifamily for rent 272-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 [...]

Grand Palms
April 2, 2014

438-unit market rate apartment complex Acquisition and re-positioning of an existing complex in Tampa’s Carrollwood sub-market Investment closed in February 2010. Once the renovation was completed in late 2010, a supplemental loan with Fannie Mae closed in March 2011 and returned 30% of the original invested capital. The project sold in August 2012 to a [...]

Avery Place

Multi-family for rent 264-unit market rate apartment complex Acquisition and re-position of an existing complex in Tampa’s Carrollwood sub-market Investment closed in November 2010. The project was acquired in an off marketing transaction from an absentee distressed owner. The project was sold in November 2013 to a REIT and Legacy received OP Units. The OP [...]

Autumn Cove

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 [...]

Stafford Landing

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. [...]