LEGACY ASSET MANAGEMENT

UNLOCKING PERFORMANCE FROM DISTRESSED ASSETS

WHO WE ARE

Founded in 2012, Legacy Asset Management Capital, LLC (“LAM”), is a diversified real estate investment and asset management company offering a variety of discounted Trust Deed Investment and Distressed Residential/Commercial investment opportunities. Our investment portfolio is aimed at building long-term value for our investors through numerous growth opportunities via our adaptive reuse and repositioning of residential and commercial acquisitions for all development or conversion.

The Legacy team prides itself in its diverse educational, ethnic, experiential backgrounds and skill-sets in executing a planned approach strategy to providing superior risk-adjusted return on investments to investors by taking meticulous steps in the preservation and safeguard of investment capital.

MISSION

The Legacy mission seeks to build trust, create value and maintain commitment to ensure maximize returns for our investors by exceeding establish margins, providing exemplary service, and in so doing become one of the leading real estate holding and asset management companies in the industry.

STRATEGY

LAM provide opportunities for investments in high yielding, well secured valuable real estate and other assets. All Investment Programs are designed to produce acceptable returns and high priority is placed on the safety of investors’ resources.

LAM offers equitable solutions to banks, borrowers, and investors in the distressed residential/commercial mortgage markets. By providing full disclosure to our sellers and investors, our team employs a research driven approach that incorporates careful attention to asset valuation, acquisition, compliance and the due diligence process to every project. Our team maintains current and accurate knowledge of all market trends/changes and legal statutes as it relates to all transactions.

LAM strives to build and maintain a reputation for integrity and professionalism with all stakeholders, investors, clients, professionals, managers, employees, the communities where we invest and serve, as well as the industry at large. We endeavor to act as good stewards with the properties we acquire within each community we invest, while adding value through transparency and accountability.

SERVICES

Legacy Asset Management Capital, LLC is committed to providing to investors, beneficial real estate investment solutions in today’s Distressed Real Estate Marketplace. LAM engages in purchasing properties with the potential to add significant value through repositioning, development and/or residential conversion. Our highly skilled team utilizes their local national and international experience, market knowledge and long-term relationships within the real estate industry, engaging  the requisite, market analysis, market research, risk  assessment and mitigation and due diligence which are then carefully woven into each project plan strategy.

Let us help you achieve your investment objective through our various growth opportunities:

Experience, Commitment and Trust, LAM’s core principles

PROJECTS

Every Legacy Asset Management investment opportunity begins with research which is a vital component for the refinement of each investment. Our team integrates research analysis with investment strategy in selecting the right investment opportunity for our investors. Legacy Asset Management purchases residential and commercial assets with opportunities to create value with its’ adaptive reuse and repositioning approach for developments or conversions of single family homes or multi-family properties.

Legacy Asset Management continues to seek new and challenging investment opportunities. Below is a list of our investment parameters thus far:

MIXED FAMILY, MIXED USE AND CONVERSIONS

  • Deal Location: (Queens, Manhattan & Brooklyn)
  • Deal Size: 500K million to 4 Million
  • Property Type: Residential & Mixed-Use

COMMERCIAL REAL ESTATE

  • Deal Location: (Queens, Manhattan & Brooklyn)
  • Deal Size: 2 Million to 15 Million
  • Property Type: Office/Retail

SOME OF OUR PROPERTIES

151 Longfellow Ave, Bronx
179 East 94th St, Manahattan
296 Washington Ave, Brooklyn
303 Lincoln Rd, Brooklyn
556 Evergreen Ave, Brooklyn
668 Warren St, Brooklyn
1515 45th St, Brooklyn
241 Bainbridge St, Brooklyn
1216 Bushwick Ave, Brooklyn

2284 Strauss St, Brooklyn
293 Wyona St, Brooklyn
296 Fenimore St, Brooklyn
299 Montgomery St, Brooklyn
309 Lefferts, Brooklyn
333 Lincoln Rd, Brooklyn
360 Lewis Ave, Brooklyn
396 Cornelia St, Brooklyn
423-425 Wilmot Rd, New Rochelle, NY

644 Franklin Ave, Brooklyn
647 Warren St, Brooklyn
812 E 223rd St, Bronx
906 E 85th St, Brooklyn
949 Dumont Ave, Brooklyn
110 Ralph Ave, Brooklyn
1140 E 103rd St, Brooklyn
121-52 234th St, Queens

TEAM

Why invest with us?

With an extensive talent, drive and accomplishment, the LAM team is positioned with more than 70 years of management, real estate, legal and financial/business industry experience. Our management team is supported by our talented in-house service team of professionals who are verse in income generating strategies coupled with firm execution approach strategy, utilizing all our human capital in each investment opportunity.

We understand the importance of getting to know our clients/investors and our team is focused on building partnerships. Our market knowledge, business experience and strong relations within the New York City real estate community allows us to achieve our benchmark on each investment project and continuously strive to exceed our clients’/investors’ expectations.

Reginald Beauvais
Founder and Chief Executive Officer

Mr. Reginald Beauvais is the founder and Managing Director of Legacy Asset Management Capital. Mr. Beauvais has over 25 years of experience in the real estate industry, pioneering the market with his ability to quickly identify and capitalize on an investment opportunity. Since incorporating Legacy Asset Management in 2012, Mr. Beauvais has organized six private equity funds with aggregate capital commitments totaling approximately $30 million.

Prior to forming Legacy Asset Management in 2012, he was Vice-President of Sapphire Capital from 1998 to 2008 and was responsible for over $75 million in residential and commercial loan origination, development and asset management. He has spent over two decades in the real estate business with extensive hands-on approach with structuring, risk mitigation, underwriting, and acquisitions with concise effort to minimize loss.

At Legacy Asset Management, he is focused on generating high-yield investment opportunities for his investors through his acquisition, repositioning and conversion strategies for both residential and commercial properties.  Mr. Beauvais holds a B.S. in Legal Studies from City University of New York, John Jay College.

Henry Blachorsky
Vice President of Asset Management

Henry Blachorsky has been active in the residential real estate arena for the last seven years.  He served as a loan officer for several residential mortgage companies and subsequently a front and back office manager during the residential mortgage boom.

Mr. Blachorsky investigative research and execution strategy has enabled him to identify and traced borrowers that have not been heard from in years. His expertise incorporates, working out loan modifications and forbearance agreements, arranging and facilitating short sales and refinances of distressed debt and most importantly finding conventional and creative ways to liquidate each loan.

Henry has an unusual and extraordinary knowledge of the value of a property and probability of a positive result.  He understands the underwriting and lending process and his comprehensive knowledge of mortgages combined with his people skills, managerial experience, investigative instinct and most importantly his work ethic, make him an integral and vital part of insuring the long term success of our company.

Michael Hatchett, Esq.
Outside Counsel

Michael Hatchett is a Partner at Vandenberg & Feliu LLP. Mr. Hatchett focuses on corporate transactions, including private placements, mergers and acquisitions, joint ventures, real estate investments, and debt and equity financing transactions. He has broad experience providing strategic advice to entrepreneurs and senior management at financial institutions, pharmaceutical corporations and manufacturing companies, as well as start-ups and family owned businesses.

Partnering with his clients, Mr. Hatchett advises on all stages of a transaction, from pre-deal planning and strategy through negotiation and execution, to financing, closing and post-closing activities. His extensive background in finance and transactional law, as well as his experience in senior corporate management, allow him to take a practical and strategic approach to his practice.

Prior to joining Vandenberg, from 2001 to 2008, Mr. Hatchett served as a Managing Director of ICP Partners, LLC, a private equity investment partnership. In that role, he participated as a senior principal in every deal completed by the firm and served as the management lead in structuring the firm’s transactions, including negotiating purchase agreements, partnership agreements, equity investments and debt.

Mr. Hatchett received his J.D. from Columbia University Law School, where he was a Harlan Fiske Stone Scholar. He was conferred his B.A. from Wabash College, magna cum laude, where he was a member of Phi Beta Kappa.

Louis Jean-Denis
Investor Relations

Louis Jean-Denis is an accomplished entrepreneur who understands the fundamental principles of building a business from the ground-up, with his one to one approach strategies with each client. Mr. Jean-Denis has garnered extensive professional experience within the financial, retail and merchandising industries. Mr. Jean-Denis has worked as a loan officer for Pinnacle Funding a division of BLS Funding Group, prior to that, he served as a loan officer at Berkshire Financial Services, where he brokered  accounts  valued over $42M.

Steven Levy
Chief Financial Officer

Steven began his career in real estate more than 30 years ago, having obtained his real estate broker’s license at the age of 19.  After having graduated with a B.S. in Economics from the Wharton School, he was hired by the Real Estate Investment Division of MassMutual, working on debt and equity investments of its multi-billion dollar real estate portfolio in such assets as multifamily, office, industrial/warehouse, and mortgage-backed securities.  He received his J.D. degree from UCLA and practiced law with Jones Day in Los Angeles and Weil Gotshal in New York City.  He also earned an MBA from INSEAD in France.   Steven He has extensive experience in multifamily as an owner/operator, including acquisition, finance, renovation, management and condominium conversion. In the past decade he has been an active investor in distressed real estate through foreclosures and tax deeds/liens.  He is currently investing in and developing multifamily and waterfront residential projects.

David Frieden
Chief Operating Officer

David has over 20 years of experience analyzing and evaluating all types of real estate assets, as well as development and construction deals.  He served as Managing Director of Real Estate for Stillwater Capital Partners,  a $1 billion hedge fund.  David has financed dozens  of real estate transactions with an aggregate value of over $400 million, including first mortgages, B-notes, mezzanine loans, construction loans and preferred equity investments.  He also has extensive experience in asset management and work-outs.  He worked previously at Citigroup and Massey Knakal Realty Services.  He holds a B.S. in Economics and Math from Binghamton University, and an MBA from Baruch College Honors where he graduated Beta Gamma Sigma and received the Wollman Medal for Outstanding Achievement in Management Studies.

CONTACT US

WHERE TO FIND US

77 Spruce Street
Cedarhurst, New York 11516

(212) 596-7520
(516) 218-2218
info@legacy-amc.com

Experience, Commitment and Trust, is the LAM way. Invest in our team approach and allow us to maximize your investment returns.