Author Archives: Karen Widmayer

FEDERATED HERMES, INC. AGREES TO ACQUIRE A MAJORITY INTEREST IN FCP FUND MANAGER, L.P.

Federated Hermes, Inc. agrees to acquire a majority interest in FCP Fund Manager, L.P., a privately held real estate investment manager with client assets of $3.8 billion as of June 30, 2025  Reinforces Federated Hermes’ publicly stated commitment to expand … Continue reading

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FCP PROVIDES $47.1 MILLION IN CAPITAL FOR 553-UNIT, GROCERY-ANCHORED, LUXURY APARTMENTS IN ARLINGTON, VA

Chevy Chase, MD, October 9, 2025 – FCP® announces it has provided $47.1 million in capital through its Structured Investments platform to finance the construction of a mixed-use development comprised of 553 luxury apartments, Mira and Ador, in two adjacent … Continue reading

FCP EXPANDS WESTERN US PRESENCE W/560-UNIT LAS VEGAS MULTIFAMILY ACQUISITION

FCP® has made its first investment in the Las Vegas, NV market with the acquisition of The Avondale Apartments. The 560-unit apartment community located at 9225 W. Charleston Boulevard lies within the Peccole Ranch master-planned community with immediate access to … Continue reading

FCP ACQUIRES 427-UNIT DISTRICT WEST GABLES APARTMENTS IN WEST MIAMI, FL

FCP® has acquired District West Gables, a 427-unit midrise apartment community in West Miami, FL. The acquisition marks FCP’s third investment in South Florida within the past nine months, underscoring the firm’s continued momentum and conviction in one of the … Continue reading

FCP, SPI ADVISORY ACQUIRE 600-UNIT CREST MANOR APARTMENTS IN LEWISVILLE, TX IN OFF-MARKET DEAL

SPI Advisory (“SPI”) and FCP are proud to announce the acquisition of Crest Manor Apartments, a premier 600-unit multifamily community located in the heart of Lewisville, Texas. This off-market transaction marks a major milestone for SPI, concluding more than five … Continue reading

FCP CLOSES $13.25 MILLION IN PREFERRED EQUITY FOR 333-UNIT MULTIFAMILY DEVELOPMENT IN POOLER, GA

FCP® has closed on a $13.25 million preferred equity investment through its Structured Investments platform to finance Mosaic Pooler, a 333-unit, Class A multifamily development on Old Quacco Road in the dynamic Savannah submarket of Pooler, GA. Mosaic Pooler is … Continue reading

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