Middle-Market Real Estate: Multifamily, Office and Special Situations
Capital Legacy Partners combines local market knowledge with hands-on ownership. We source, underwrite and manage investments through direct involvement and relationships with the people who work in each market.
From Our Founders
We founded Capital Legacy Partners to invest in middle-market real estate where local knowledge and direct involvement can make a significant difference. Our focus is multifamily, office and special situations.
Real estate decisions depend on the people who know a market day to day. We build relationships with local operators, investors, property managers, property, debt, and equity brokers, lenders, workout teams, general contractors, subcontractors, etc. Their perspective helps us test assumptions and understand what an investment will require.
Our responsibility continues after closing. We stay involved in operations, leasing and capital work, working with local teams to follow through on the business plan and keep investors informed.
Our Experience
150
M+
IN TRANSACTIONS
98
M+
ASSETS UNDER MANAGEMENT
500
+
SUCCESSFUL OPERATIONS
We are actively sourcing and underwriting middle-market multifamily, office and special situations. Investment opportunities are shared as they become available, together with the business plan, terms and offering documents.
Latest Acquisitions
Offering Status Closed
Strategy Stabilized Office Basis Reset, Legacy
Focus Office
Location The Woodlands, TX
Size 70,212 SF
Acquired 2026
Purchase Price $10.25M
Co-Investment % 32%
Target Hold 10 Years
Property Status Operating
Target Levered IRR 13.09%
Projected Equity Multiple 2.66x
Projected Avg. Annual Cash-on-Cash 11.60% (Operations)
Investment Focus Streamline Operations & Leasing
Business Plan Asset Management, Legacy Hold
Offering Status Closed
Strategy Repositioning / Heavy Value-Add
Focus Office
Location Edina, MN
Size 112,085 RSF
Acquired 2025
Purchase Price $4.95M
Co-Investment % 25%
Target Hold 7–10 Years
Property Status Operating
Target Levered IRR 31.35%
Projected Equity Multiple 6.03x
Projected Avg. Annual Cash-on-Cash 15.43% (Operations)
Investment Focus Heavy Repositioning
Business Plan Lease-Up and Renovation
“We know the people, understand the market, and stay very close to the work.”
Why Capital Legacy Partners?
Direct Principal Involvement
Our principals stay close to acquisitions, asset management and the decisions that shape each property’s business plan.
Clear Investor Communication
We keep investors informed about property operations, financial performance and progress against the business plan.
Accountability to Investors
We treat investor capital as a responsibility, with attention to risk, investment terms and the practical demands of ownership.
A Focused Investment Mandate
Middle-market multifamily, office and special situations where local knowledge and active ownership matter.
Local Market Relationships
Our local network informs leasing assumptions, operating costs, financing options and construction plans.
Pragmatic Capital Planning
We evaluate capital needs, reserves and financing alongside the operating plan and the work required at each property.
