News
April 15, 2020
Legacy Partners, Tiscareno Associates Build Flatiron Building-Inspired Project in Downtown Redmond
Developing a multifamily mixed-use building in suburbia comes with its typical challenges, where construction costs, limited space and neighborhood assimilation are only the tip of the iceberg when property owners are presented with the opportunity to construct. Now add to the equation a uniquely angular construction site, high water table and the Downtown Conversion Couplet Project and the sum equals one of Downtown … Read More About Legacy Partners, Tiscareno Associates Build Flatiron Building-Inspired Project in Downtown Redmond
February 20, 2020
Project near Universal adds to region's $3B apartment pipeline
Legacy Partners plans to break ground on a 350-unit project near Universal. A developer plans to break ground on another apartment project as multifamily construction continues to bloom across Central Florida. Foster City, California-based Legacy Partners — in a joint venture with Dallas-based Phoenix Capital Partners — plans to toss dirt before the end of the month on a 350-unit, … Read More About Project near Universal adds to region's $3B apartment pipeline
January 13, 2020
JPI divisional president moves to national firm
Legacy Partners has added a familiar name in North Texas to aid in its national growth strategy. After spending almost 10 years at Irving-based JPI, most recently in the role of divisional president and managing partner, Matt Brendel will serve as senior managing director, Southwest for Legacy. Brendel said one of the features that drew him was Legacy Partners’ long tenure as … Read More About JPI divisional president moves to national firm
January 7, 2020
Legacy Partners Grows Southern U.S. Presence with Three Major Hires
Legacy Partners, a privately-held national real estate firm, announced today the hiring of Texas multifamily executive Matt Brendel as Senior Managing Director, Southwest; Florida real estate developer Naeem Coleman as Managing Director, Southeast; and, multifamily construction veteran Arn McFern, as Vice President of Construction, Southeast. Brendel was previously the Divisional President and Managing Partner of JPI, a national developer and builder of Class A multifamily housing, where he … Read More About Legacy Partners Grows Southern U.S. Presence with Three Major Hires
December 18, 2019
Newly constructed Westminster apartment complex sells for $93.5 million
A newly constructed apartment complex in Westminster sold this week for more than $311,000 per unit. Legacy Partners sold off its “Legacy on the Promenade,” a 300-unit complex constructed in 2018 for $93.5 million to The Praedium Group, a New York-based national real estate investment firm, according to Jefferson County public records. The deal works out to $311,666 per unit, … Read More About Newly constructed Westminster apartment complex sells for $93.5 million
December 16, 2019
Legacy Partners Divests of Two Denver-Area Multifamily Communities
DENVER AND WESTMINSTER, COLO. — Legacy Partners has completed the sales of two apartment communities located in Denver and Westminster. In the first transaction, Avanath Affordable Housing IV LLC acquired Fox Crossing Apartments, a 220-unit affordable housing community in Denver. Built in 1997, the property features one-, two- and three-bedroom floor plans with an average unit size of 941 square … Read More About Legacy Partners Divests of Two Denver-Area Multifamily Communities