‘Real Estate Blue Sky’ is a term coined by Legacy Automotive Capital (LAC) to describe the intangible value that a New Car dealership property holds in addition to its physical attributes or based on the comparable sales of similar properties typically used in the appraisal process. New Car dealership properties are unique in that the
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2023 State of The Union — Real Estate Blue Sky First and foremost, I would like to acknowledge and thank all our Dealer Partners for what was a remarkable 2022. Legacy Automotive Capital (Legacy) successfully launched its latest real estate fund in May with a specific charter of buying the real estate associated with New
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CBRE Fast Five: Secret Sauce Interview LAC’s own Todd Marcelle was interviewed by Karly Iacono of CBRE Fast Five to discuss how dealers can unlock the true value of their real estate with Legacy Automotive Capital. Take a look at the video below to hear and see this video in full.
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Automotive News Spotlight Legacy Automotive Capital was in Automotive News this week where CIO Todd Marcelle shared his view on the growing demand for sale/leaseback capital and how dealers are maximizing real estate values. To view the full article, click here. Not a member with Automotive News? No problem, we provided the article written by
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Acquisition Announcement – Subaru Dealer Legacy Automotive Capital finalizes a sale/leaseback with a regional dealer group through its acquisition of a Subaru dealership property in the Northeast US. The acquisition adds another property to Legacy’s growing dealership portfolio. “I recently worked with Legacy on multiple transactions and was pleased with the professionalism and efficiency
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Acquisition Announcement – Honda Portfolio Legacy Automotive Capital re-capitalizes a regional dealer group through its acquisition of 2 Honda dealership properties in the Northeast US. The acquisition adds 2 properties to Legacy’s growing dealership portfolio. “I recently worked with Legacy on multiple transactions and was pleased with the professionalism and efficiency of their process.
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Legacy Automotive raises $500 million Legacy Automotive Capital is aiming to deploy $500 million over the next 36 months by assisting dealers in acquiring property in buy-sell transactions or providing them capital via a dealership sale-leaseback. An investment firm, led by the co-founders and an investor of a business sold to Reynolds and Reynolds Co.,
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