EDWARD CZUKER
CEO, LEGADO COS.
WHY: His company, Beverly Hills-based Legado Cos., is moving forward with Legado at the Met, a 278-unit multifamily development in Santa Ana.
IN THE NEWS: Legado Cos. invested secured a $128M loan in February to build Legado at the Met. The financing equates to $460K per unit. The developer bought the 3.8-acre property in 2013 for $17.3M, out of a receivership sale.
NOTABLE: Legado Cos. invested $21.5M into the 193-unit Park Apartments Irvine, a multifamily property it bought in 2020. The developer also sold a 2-acre land parcel at 301 Jeannette Lane to Wood Cos. for $16M.
QUOTABLE: “The immediate area’s seen numerous multifamily projects built over the years, and Legado’s development site has been eyed for various developments for well over a decade. At one point, a high-rise was considered for the land by a prior developer. Hotel uses have also been considered.”
