Archives
Olmsted Savannah
June 28, 2019
Multifamily for rent 163-unit market rate apartment complex. Ground up multifamily development in the historic district of downtown Savannah, GA. Investment closed in June 2019. The final Certificate of Occupancy was received in February 2022. The Project is stabilized and the original construction loan was refinanced with a permanent loan in January 2023. The asset [...]
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. [...]
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. [...]
Multifamily for rent 168-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. [...]
Reserve at Peachtree Corners
September 30, 2016
Multifamily for rent 354-unit market rate apartment complex Acquisition and repositioning of an existing complex in Atlanta, GA Investment closed in September 2016. The asset sold in November 2021. Legacy’s investment realized a 44.75% IRR and a 4.82x multiple. [...]
Preserve at Greison Trail Apartments
March 1, 2016
Multifamily for rent 235-unit market rate apartment complex Acquisition and repositioning of an existing complex in Newnan, GA Investment closed in September 2015. The asset sold in September 2021. Legacy’s investment realized a 24.02% IRR and a 2.92x multiple. [...]
The Hue
December 18, 2015
Multifamily for rent 446-bed (149-unit) student housing project serving the Savannah College of Art and Design (SCAD) Acquisition of an existing purpose-built student housing community in Savannah, GA Investment closed in December 2015. The asset sold in December 2019. Legacy’s investment realized a 19.54 IRR and a 1.88x multiple. [...]
Adrian on Riverside
November 25, 2014
Multifamily for rent 224-unit market rate apartment complex Acquisition and repositioning of an existing complex in Macon, GA Investment closed in November 2014. The asset sold in April 2018. Legacy’s investment realized a 19.17% IRR and a 1.7x multiple. [...]
Ellington Woods
April 2, 2014
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. [...]
Lealand Place
June 20, 2013
Multifamily for rent 192-unit market rate apartment complex. Acquisition and re-positioning of an existing complex in Lawrenceville, GA Investment closed in December 2011. The project was sold in December 2016 and Legacy’s investment realized a 29.65% IRR and a 3.10x equity multiple. [...]