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Legacy Real Estate, Investments & Funding LLC

Preferred Markets: Florida, Texas, North Carolina, Tennessee, Georgia

Investments:

Legacy Real Estate, Investments & Funding LLC sources stabilized and value-add apartment properties of 50+ units in size and repositions them by 1) adding capital improvements and 2) reducing expenses by creating operational efficiencies through the implementation of institutionalized property management. Legacy Real Estate, Investments & Funding LLC then sells the community as a stabilized asset within two to seven years depending on the investment cycle that we are in.

Acquisition Criteria

Property Type: Garden Style Apartments (preferred)

Asset Class: B+ to C+ (Primary focus is B class assets)

Location Quality: A+ to C+

Property Size: 50+ units; single asset or portfolios

Pricing: $1.0M to $20M+

Property Vintage: 1978+

Investment Structure: All cash to seller; Loan assumptions

on a case-by-case basis.

Investment Objectives: Legacy RE has yield requirements that are commensurate with the risks and opportunities presented by each property. Legacy RE focuses on sub- markets of growth and stability with “barriers to entry” and/or properties available below replacement cost. Additionally, we prefer stabilized properties (min 85% occupancy) requiring a renovation or upgrade where the property’s grade or class is below that of the other competitive properties in its market.