Legacy PTLA Overview
Company Details
Legacy PTLA is an independent company that acquires and manages property and is staffed primarily of PTLA employees. Our team leverages over 130 years of combined experience that includes institutional and entrepreneurial portfolio strategy, acquisition, construction, financing, property management, and Asset Management disciplines.
Legacy PTLA was founded in 2013 to leverage the 40-year history, heritage and staffing expertise of PTLA Corporation. PTLA Corporation is in the process of winding down its business operation over the next five years as its existing portfolio of properties are individually sold or refinanced. Legacy PTLA is a new entity serving PTLA’s client base with new business opportunities for acquisition and management services.
As a result, the team from PTLA and Legacy PTLA have provided investors with net-levered IRRs ranging from 10% to 20% over long-term holding periods. This strong and consistent performance reflects sound investment judgment, a disciplined investment approach, and proven operating skills.
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