News

13-Story Residential Tower Breaks Ground in Denver Tech Center

13-Story Residential Tower Breaks Ground in Denver Tech Center

Legacy Partners, a privately held national real estate firm, and Pacific Life have broken ground on Araceli, a 236-residence, Class A, NGBS Green-Certified Gold high-rise in Denver. KTGY is the architect of record for Araceli. The development team also includes Catamount Constructors, Prescient (light gauge steel structure Designer/Fabricator), Jordan & Skala Engineers (MEP), Studio … Read More About 13-Story Residential Tower Breaks Ground in Denver Tech Center

Legacy Partners Sells Orlando Community for $129M

Legacy Partners Sells Orlando Community for $129M

Legacy Partners has sold its nearly fully occupied community in Orlando, Fla. The firm, along with joint venture partners Phoenix Capital Management LLC and Silverpeak Real Estate Partners sold Legacy Universal to OpenStreet Capital and JD Cap for $129 million. Newmark’s Scott Ramey, Patrick Dufour, Brad Downing and Paul Grant represented the joint venture sellers. Legacy Partners first acquired the 11.4-acre site for Legacy Universal in February 2020 from Republic Properties … Read More About Legacy Partners Sells Orlando Community for $129M

Blessing held for 324 unit Kaulana Mahina workforce apartments in Wailuku, Maui

Blessing held for 324 unit Kaulana Mahina workforce apartments in Wailuku, Maui

An official blessing was held on Monday for the new Kaulana Mahina development in Central Maui. Kaulana Mahina features long-term workforce rentals and a community/recreation center, on 14.4 acres in Wailuku. The site is bound by Waiʻale Road (east), Kuikahi Drive (north) and Honoapiʻilani Highway (west). “This will be the first workforce apartment project developed on Maui in more than … Read More About Blessing held for 324 unit Kaulana Mahina workforce apartments in Wailuku, Maui

Legacy Partners And New York Life Close $91.88M Financing By Cushman & Wakefield For Bellevue…

Legacy Partners And New York Life Close $91.88M Financing By Cushman & Wakefield For Bellevue Station

Legacy Partners, a privately held national real estate firm, and Cushman & Wakefield, exclusive advisor to Legacy Partners, Inc. and New York Life Real Estate Investors, announce the close of $91.88 million in construction financing for the development of Bellevue Station, a mid-rise transit-oriented apartment project located at 1525 132nd Ave NE in the fast-growing Bel-Red corridor submarket of Bellevue, Washington. The debt was provided by JPMorgan Chase. “Bellevue … Read More About Legacy Partners And New York Life Close $91.88M Financing By Cushman & Wakefield For Bellevue Station

California developer bets again on Tampa's urban core

California developer bets again on Tampa's urban core

Legacy Partners, based in Foster City, California, is moving forward with its second multifamily project in Tampa’s urban core. The developer recently received approval from Tampa City Council to build 236 multifamily units and 4,600 square feet of commercial space at 623 East Seventh Ave. It will be six stories, and Legacy will also reinstate a portion of … Read More About California developer bets again on Tampa's urban core