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• Recent Activity

  • Acquisition of 190-unit Apartment Complex in Norfolk, Virginia
  • Acquisition of 169-unit Apartment Complex in Winston-Salem, North Carolina
  • Acquisition of 218-unit Apartment Complex in Covington, Louisiana
  • Acquisition of 352-unit Apartment Complex in San Antonio, Texas
  • Acquisition of 320-unit Apartment Complex in Mobile, Alabama

Acquisition of 446-bed (149-unit) purpose-built student housing complex in Savannah, GA
December 18, 2015

Legacy Capital Partners invested $8.0 million in the acquisition of a 446-bed (149-unit) student housing complex located in Savannah, Georgia serving the Savannah College of Art and Design (SCAD).  The total project costs were $44.2 million.  The asset was purchased with a $31.1 million 10 year loan with interest only for the first 3 years.  The total equity requirement was $13.1 million.

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