Author Archives: admin

FCP’S JASON WARD TO SPEAK AT MARCUS & MILLICHAP WEST AND CENTRAL FLORIDA MULTIFAMILY FORUM ON APRIL 27, 2018

FCP℠ is pleased to announce that Senior Vice President, Jason Ward, will be a panelist at an invitation-only roundtable session at the Marcus & Millichap West and Central Florida Multifamily Forum on April 27, 2018 at the Hilton Tampa Airport … Continue reading

FCP’S JASON WARD PROMOTED TO SR. VICE PRESIDENT; JOINS SOUTHEAST REGIONAL TEAM

Expanded Assignment Reflects FCP Investment Growth Strategies in the Carolinas, Atlanta and Nashville   FCP℠ is pleased to announce that Jason Ward has been promoted to Senior Vice President and will expand his current role and begin sourcing multifamily development … Continue reading

FCP EXPANDS FLORIDA FOOTPRINT, CLOSING FIRST SOUTH FLORIDA TRANSACTION WITH $28.5 MILLION ACQUISITION OF 352-UNIT APARTMENT COMMUNITY IN BROWARD COUNTY

FCP℠ has expanded its Florida portfolio with the $28.5 million acquisition of Summit Palms, a 352-unit gardenstyle apartment community in central Broward County. In addition, FCP has broadened its relationship with property manager Avesta, retaining the firm to manage Summit … Continue reading

FCP’S E.J. CORWIN TO SPEAK AT NAIOP DC|MD 2018 CAPITAL MARKETS EVENT ON MARCH 14, 2018

FCP℠ is pleased to announce that FCP Sr. Vice President for Structured Investments, Edward “E.J.” Corwin, will be a panelist at the NAIOP DC|MD 2018 Capital Markets event on Wednesday, March 14th. The panel will discuss fiscal and monetary policy … Continue reading

THE DILLON WELCOMES FIRST RESIDENTS TO THE WAREHOUSE DISTRICT

Dillon Residential Component Now More Than 22% Preleased   Kane Realty Corporation and FCPSM welcomed their first residents today at The Dillon, the first mixed-use development of its kind in downtown Raleigh’s Warehouse District. “We are thrilled to open the … Continue reading

FCP ANNOUNCES SALE OF ONE DULLES FOR $226.0 MILLION

FCPSM announces the sale of One Dulles Tower to affiliates of Harbor Group International, LLC for $226.0 million. FCP purchased the 403,622 square foot Class A office building prominently located on the Dulles Toll Road in Herndon, VA in October … Continue reading

FCP WELCOMES BRIAN COHN AND CHRIS POSLUSZNY

FCPSM is pleased to welcome Brian Cohn as Director of IT and Chris Posluszny as an Associate in Asset Management. Brian Cohn has joined FCP as the new Director of Information and Technology (IT), where he will manage FCP’s growing … Continue reading

THE TOWNHOMES AT BUCHANAN PARK ON CAPITOL HILL SELLS OUT FIRST PHASE; BUCHANAN SCHOOL CONDOS 75% SOLD

FCP, Insight Property Group and Ditto Development Tap Strong Demand for Unique New Luxury Townhomes and Condos at Historic Buchanan School Chevy   FCPSM and Insight Property Group (Insight) have sold out the first phase of the 32 homes that … Continue reading

ELEVATED PRICING, SHAKY FUNDAMENTALS HAVE SOME INVESTORS SHYING AWAY FROM D.C.

D.C.’s investment sales market started off hot in 2018, but amid an environment with falling multifamily rents and tepid office leasing, some investors think deals are being overpriced and are shying away from buying in the District. Crowdfunding platform Fundrise … Continue reading

FCP’s ERIK WEINBERG TO SPEAK AT BISNOW DC CAPITAL MARKETS AND REAL ESTATE FINANCE CONFERENCE ON FEBRUARY 14, 2018

FCPSM is pleased to announce that Senior Vice President for Commercial Acquisitions, Erik Weinberg, will participate in the February 14, 2018 Bisnow Capital Markets and Real Estate Finance Conference at the Washington Marriott Marquis at 901 Massachusetts Avenue, NW in … Continue reading