News
November 1, 2024
Bay Area multifamily developer begins its first project in Pierce County
Two national real estate firms are teaming up on a joint venture to develop 240 apartment units in University Place near Tacoma. Bay Area developer Legacy Partners and New York-based Silverpeak Real Estate Partners broke ground Monday on Legacy at University Place, a 10-building complex totaling 250,000 square feet at 6021 S. Orchard St. The first buildings … Read More About Bay Area multifamily developer begins its first project in Pierce County
October 15, 2024
LEGACY PARTNERS AND SILVERPEAK BREAK GROUND ON 240-RESIDENCE APARTMENT COMMUNITY IN UNIVERSITY PLACE, WASH. Partnership recently closed loan from PNC for $39.8 million
UNIVERSITY PLACE, Wash. (Oct. 14, 2024) – Legacy Partners (“Legacy”), a privately held national real estate firm, together with their joint venture partner Silverpeak Real Estate Partners, today announced the start of construction for Legacy at University Place, a 240-residence apartment community coming to University Place, Washington. Legacy and Silverpeak recently closed on the undeveloped site with a … Read More About LEGACY PARTNERS AND SILVERPEAK BREAK GROUND ON 240-RESIDENCE APARTMENT COMMUNITY IN UNIVERSITY PLACE, WASH. Partnership recently closed loan from PNC for $39.8 million
September 17, 2024
Legacy Partners Begins Leasing at Downtown Redmond Apartments
Legacy Partners and joint venture partner Lionstone Investments, announced the completion of construction and start of leasing for Eastline Grand, the first phase of the redevelopment of the Redmond Square Shopping Center in the heart of Downtown Redmond, Washington. The mixed-use development comprises 623 residences over six stories on 3.5 acres. Eastline … Read More About Legacy Partners Begins Leasing at Downtown Redmond Apartments
JV Locks in $40M Construction Loan for Tampa Apartments
Legacy Partners (Legacy) and joint venture partner Bridge Investment Group (Bridge) started construction on Legacy Heights, a 240-residence apartment community coming to Tampa, Florida. Legacy and Bridge recently closed on the undeveloped site with a $40 million construction loan from Santander Bank. Bridge Debt Capital Markets served as the broker for the transaction. Anticipated for completion in the fall of … Read More About JV Locks in $40M Construction Loan for Tampa Apartments
August 8, 2024
Connect Texas Multifamily 2024
Legacy Partners’ Brian McNally will join local power players for the Development & Redevelopment Today discussion on August 20 at the 6th annual Connect Texas Multifamily event. McNally will talk about what new SFR and multifamily developments are coming to market, trends in new mixed-use, MPC’s, and amenity-driven projects, which cities are seeing increases/decreases in starts and completions, and why, … Read More About Connect Texas Multifamily 2024
May 17, 2024
Dallas Luxury Project Moves Forward
This community will come online in mid-2026. Larkspur Capital is bringing online The Juniper, a 219-unit luxury community in Dallas’ Deep Ellum. The developer plans to start vertical construction on the project this month, with completion expected by mid-2026. The development team also includes general contractor OHT Partners, architecture firm Corgan, landscape architect Garthoff Design and interior designer Faulkner Design … Read More About Dallas Luxury Project Moves Forward