Legacy Capital Partners and Morrison Avenue Capital Partners have acquired Mobile, Alabama-based Timber Ridge Apartments, an apartment community. No financial terms were disclosed.
PRESS RELEASE
CLEVELAND, April 27, 2021 /PRNewswire/ — Legacy Capital Partners (“Legacy”), a Cleveland, OH-based national real estate investor firm, together with Morrison Avenue Capital Partners (“Morrison Avenue”), a Tampa, FL-based real estate owner and operator, have formed a joint venture and today announced they have acquired Timber Ridge Apartments, a 1998-vintage, 320-unit...
