Legacy Partners sells 580 Anton, a 250-unit luxury apartment community in Costa Mesa, to Rockwood CapitalMay 27, 2022 byYield Pro forYield Pro
Legacy Partners, a privately owned national real estate firm, announced the sale of 580 Anton, a five-story, 250-unit luxury apartment community in the Orange County city of Costa Mesa, Calif., to an affiliate of Rockwood Capital, LLC.
580 Anton features a mix of studio, one-, and two-bedroom residences with top-of-the-line luxury finishes and amenities. Legacy Partners acquired the land in May 2015, broke ground in 2016, and began leasing in 2018. Legacy Partners will retain management of the property.
“With 580 Anton, we set a new expectation for luxury apartments in Orange County,” said Timothy O’Brien, senior managing director of Legacy Partners. “This has been an overwhelmingly successful residential community from the start, and we’re pleased that Rockwood will own this generational real estate for many years to come. We are especially pleased to continue to provide an elevated living experience as managing property manager for Rockwood.”
580 Anton is located in the Town Center of Costa Mesa, and sits amidst 78 restaurants, as well as within walking distance from the Segerstrom Center for the Performing Arts and world-class shopping at the prestigious South Coast Plaza. Nearby access to Interstate 405 and 73 Toll Road also seamlessly connects residents with all of Orange County, including Newport Beach and John Wayne Airport, and the greater Los Angeles area. Residents enjoy a clubhouse with game room, full-service coffee bar, conference rooms, and business center enhanced by original art by California artists. There is also a concierge entry, dog-wash station, a lake-view fitness center featuring top-of-the-line equipment with Aktiv Virtual™ video training on demand, and yoga/Pilates studio.
“580 Anton is one of the finest residential communities that Legacy Partners has developed,” said Dean Henry, CEO of Legacy Partners. “We look forward to delivering more communities like 580 Anton for many years to come.”[ See All News ]