Archives
Green at Northpark
December 17, 2021
Multifamily for rent 218-unit market rate apartment complex. Acquisition and re-positioning of a market rate apartment complex in Covington, LA. Investment closed in December 2021. The asset is currently 95%+ occupied. [...]
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. [...]