On October 27, Legacy Group Capital hosted a Light Bites and Market Insights happy hour in Denver during the Mortgage Bankers Association’s Annual Convention and Expo. The event marked a significant milestone for Legacy as it introduced its presence in the Colorado market, celebrated its Colorado-based investors, and underscored its commitment to fostering growth in the region’s housing sector.
Ed Messman, Chief Investment Officer, shared “Legacy is excited to invest in Colorado communities by introducing its unique platform to builders, agents, mortgage loan officers and investors.”
The evening brought together forty of the nation’s leading housing industry professionals and investors for a lively discussion about the Colorado housing market. Earlier this year, Legacy announced its opening of a Colorado office and availability of both consumer and business purpose lending in the Colorado market.
A Market Poised for Growth
As Legacy expands its footprint into some of the nation’s most challenging housing markets, Colorado represents an exciting new chapter for the company. Romi Mahajan, President and Founder of PropTech consulting firm The KKM Group, captured the sentiment of the evening, stating:
“Legacy Group Capital is wisely investing in the Colorado community as it expands its footprint from the PNW to other opportunity markets. With its focus on homebuyers and builders, Legacy looks at the market holistically, as part of one virtuous loop.”
Legacy’s unique approach to lending, especially its focus on multi-family housing, will play a key role in meeting Colorado’s need to provide housing for a rapidly growing population. The influx of major tech companies and the expanding economy in Colorado have led to demand outpacing supply and soaring home prices. It’s a complex problem that will only be solved with a multi-faceted approach, Legacy’s forte.
Industry Insights from Housing Experts
The event featured a compelling presentation from Clayton Collins, CEO and founder of HousingWire Media, who shared key insights on the future of housing and the Colorado market.
- There is optimism in the Colorado market
- The Colorado market mimics the Pacific Northwest, where Legacy has deep-rooted experience
- HousingWire is predicting a bullish market in Colorado in 2025
- HousingWire continues to invest heavily in data and data services, so as companies think about which markets to invest in, have a conversation with them
Also in attendance was Faith Schwartz, a leading expert in housing finance, whose presence underscored the significance of Legacy’s entry into this critical market.
A Commitment to Community and Growth
The Denver happy hour was not just a celebration of Legacy’s expansion—it was a testament to the company’s dedication to building strong relationships and fostering community growth. Legacy’s recognition of its Colorado-based investors reflects its belief in collaboration as a cornerstone of success.
As Legacy Group Capital continues to expand into new regions, its holistic approach to housing financing and development ensures it remains at the forefront of the industry. With its new Colorado offices and a vision rooted in optimism, Legacy is poised to make a lasting impact in the Centennial State.
