FRISCO – Newport Beach-based Sares Regis Group has purchased the Legends at Legacy apartments and townhomes at 3700 Legacy Dr.
Built in 1999, the complex is just west of the $1.8 billion Frisco Station mixed-use development. Monthly rents range from near $1,300 to more than $2,500.
The seller was a New York-based investor. The purchase was funded with an $89.4 million loan from New York-based Forethought Life Insurance.