Grand Vida (The Clearmont Apartments)
February 7, 2018
- Multifamily for rent
- 252-unit market rate apartment complex.
- Acquisition and re-positioning of a four-property (556-unit) portfolio in Metairie, LA
- Investment closed in February 2018. Grand Vida (252 units) sold in February 2020. The last investment in the portfolio sold in December 2024 and Legacy realized a 21.15% IRR and a 1.92x equity multiple.