We are excited to report that Legacy Property Partners USA and Matheson Capital have teamed to successfully acquire Greenwood Village Townhomes, a 24-unit apartment complex in Charlotte, NC. The deal closed on December 12, 2019. We met the key principles of Matheson Capital (Evan Matheson and Will Matheson) at a real estate conference earlier this year and decided to combine our synergies and skill sets to further advance the business goals of each of our organizations. This is the first of what we believe will be many deals the two organizations will team up on moving forward.
We appreciate the support of our family of investors, with special thanks to our partners @(Will Matheson) and @(Evan Matheson), and our lenders @ (Craig Hall) and @(John Brady), and our legal counsel for all the effort they put in over the past several months to get us across the finish line.
Legacy Property Partners, USA is a boutique real estate investment firm that was formed in 2016, to acquire and manage value-add real estate investments on behalf of its principals and passive investor partners. Legacy Property Partners, USA focuses on multi-family properties that demonstrate strong fundamentals, located in secondary and tertiary markets with job and population growth. We acquire properties that we strongly believe we can add value to by executing repositioning or recapitalization strategies to generate competitive levels of distributable cash and equity to our family of investors.
Matheson Capital was founded by Evan and Will Matheson to act as a private lender in 2015 while working as brokers at Marcus & Millichap. After two years in brokerage, the two attended and graduated from Columbia University’s Master’s in Real Estate Development program in 2018 and has focused exclusively on multifamily investments, since then. In less than two years, they have completed five separate acquisitions ranging from California to the Carolinas. Among those acquisitions, two have already been successfully exited.