Milestones, Breakthroughs and Big Ideas
We celebrate all of our 40+ years serving the west. But certain dates are especially noteworthy.
- 1968
- Lincoln Property Company of Dallas, Texas opens west coast office to develop multifamily residential projects in California, Arizona, Colorado and Washington. Preston Butcher takes the helm as west coast President.
- 1972
- Lincoln West forms its Commercial division in Foster City, California, appointing Ed Thrift as President, to develop commercial projects in California, Arizona, Colorado, Washington and Oregon.
- 1983
- Legacy Partners acquires and/or develops over $1 billion since inception.
- 1998
- W. Dean Henry takes the helm as President of the Residential company.
- 1998
- Lincoln West buys Lincoln Property Co.’s interest in its operating company and establishes Legacy Partners.
- 1998
- Legacy Partners acquires and/or develops over $5 billion since inception.
- 2000
- Barry DiRaimondo takes the helm as President of the Commercial company.
- 2002
- Legacy Residential enters into joint venture with CalPERS to invest $269 million of discretionary capital in multifamily assets.
- 2005
- Legacy establishes its first fully discretionary real estate investment fund, Fund I, with subscriptions of over $330 million.
- 2006
- Legacy Partners acquires and/or develops over $10 billion since inception.
- 2006
- Legacy establishes its second fully discretionary real estate investment fund, Fund II, with subscriptions of over $457 million.
- 2006
- Discretionary equity capital under management exceeds $1 billion.
- 2008
- Legacy establishes its third fully discretionary real estate investment fund, Fund III, with subscriptions of over $451 million.
- 2008
- Discretionary equity capital under management exceeds $1.7 billion.
- 2010
- Legacy Residential and KBS Capital Advisors launch KBS Legacy Partners Apartment REIT, a non-traded real estate investment trust.