Author Archives: Karen Widmayer

FCP RECOGNIZED BY FREDDIE MAC AS 2025 MULTIFAMILY IMPACT SPONSOR

FCP® announces its recognition for a second year in a row by Freddie Mac as a 2025 Multifamily Impact Sponsor. The Impact Sponsor cohort comprises sponsors who have shown significant results in providing affordable housing options, supporting their residents, and/or … Continue reading

FCP ANNOUNCES LEADERSHIP TEAM PROMOTIONS

FCP® announces the following promotions within its leadership team. Jason Ward has been promoted to Partner. Mr. Ward is currently a Principal for multifamily development and is responsible for the oversight of newly constructed multifamily (existing and development) and the … Continue reading

FCP ACQUIRES 264-UNIT APARTMENT COMMUNITY IN DULUTH, GA

FCP® announces the acquisition of a 264-unit garden apartment community in the rapidly growing suburb of Duluth in Gwinnett County near Atlanta, GA. Details of the property and the purchase price were not disclosed. “This investment expands FCP’s portfolio of … Continue reading

FCP ANNOUNCES TEAM PROMOTIONS

FCP® congratulates the following team members on their leadership and accomplishments, reflected in their recent promotions to the noted positions: • Jamie Adams – Senior Treasury Manager • Mark Annick – Chief Accounting Officer • Patrick Beddingfield – Associate • … Continue reading

FCP EXPANDS FLORIDA FOOTPRINT WITH ACQUISITION OF 400-UNIT ARIUM SUNRISE WITH BMC INVESTMENTS AND THE RMR GROUP

FCP® continues its expansion in Florida with the acquisition of ARIUM Sunrise, a 400-unit multifamily community in Sunrise, FL. The acquisition, completed in partnership with BMC Investments and The RMR Group, reinforces FCP’s commitment to investing in high-growth markets and … Continue reading

FCP CLOSES $1.062 BILLION FCP REALTY FUND VI

FCP® today announced the closing of FCP Realty Fund VI (Fund VI), a $1.062 billion fund targeting residential Class A, B, and C assets with a focus on income-producing workforce housing investments throughout the United States. Fund VI, when fully … Continue reading

FCP CLOSES $16.7 MILLION IN PREFERRED EQUITY FOR 320-UNIT MULTIFAMILY DEVELOPMENT IN ORLANDO’S LAKE NONA SUBMARKET

FCP® has closed on a $16.7 million preferred equity investment through its Structured Investments platform to finance Royal Palm at Nona, a 320-unit, Class A multifamily development adjacent to Lake Nona in Orlando, FL. The project, located at 14630 New … Continue reading

FCP’S WESTSIDE PAPER ADDS 113,000+ SF OF NEW LEASES INCLUDING CARBON PERFORMANCE

FCP announces that Carbon Performance, the state-of-the-art fitness club known for its cutting-edge facilities and comprehensive wellness offerings, is opening its first location outside Tennessee. The 33,500-square-foot space rounds out an active 2024 lease year for Westside Paper on Atlanta’s … Continue reading

FCP EXPANDS FLORIDA PORTFOLIO WITH ACQUISITION OF ALEXAN MIRAMAR APARTMENTS

FCP® is pleased to announce the acquisition of Alexan Miramar Apartments, a newly constructed 250-unit multifamily community located at 3155 SW 147th Terrace in Miramar, FL, part of the thriving Broward County market. “Alexan Miramar is a strategic addition to … Continue reading

FCP’S ALECIA HILL SPEAKS TO HOUSING ECONOMIST JAY PARSONS ON WORKFORCE HOUSING AND AFFORDABILITY

In Fall 2024, FCP’s Alecia Hill, MPA joined rental housing economist Jay Parsons to talk about affordable and workforce housing. In this episode of The Rent Roll, Jay also shares data on the supply shortages impacting all types of rental … Continue reading