News

New Rentals Arrive in Luxury Marina District
Timing was a little off for Legacy Partners, opening a $65 million apartment complex in downtown San Diego in the midst of the COVID-19 pandemic. As a result, leasing in the six-story building at 4th Avenue and J Street has been a little slower than the San Francisco-based company would have liked. Still, people are signing leases and interest is … Read More About New Rentals Arrive in Luxury Marina District

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

Project near Universal adds to region's $3B apartment pipeline
Legacy Partners, Inc. 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, Inc. — in a joint venture with Dallas-based Phoenix Capital Partners — plans to toss dirt before the end of the month on … Read More About Project near Universal adds to region's $3B apartment pipeline

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

Legacy Partners, Inc. 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, Inc. Grows Southern U.S. Presence with Three Major Hires

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, Inc. 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 … Read More About Newly constructed Westminster apartment complex sells for $93.5 million