Category Archives: Acquisition

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 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 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 ACQUIRES HICKORY LAKE APARTMENTS IN ANTIOCH, TN

Chevy Chase, MD, April 11, 2024 – FCP® announces the acquisition of Hickory Lake Apartments, a 322-unit multifamily property at 3940 Apache Trail in Antioch, TN in the Nashville MSA. The acquisition of Hickory Lake marks FCP’s 6th transaction in … Continue reading

FCP PROVIDES $22 MILLION IN PREFERRED EQUITY FOR CHARLOTTE, NC DEVELOPMENT AND GREENVILLE, SC EXISTING MULTIFAMILY

FCP® announces $22 million in preferred equity has been invested through its Structured Investments platform to finance two multifamily transactions: the development of Arris NoDa, a 276-unit, four-story, garden-style property in Charlotte, NC with partner Arris, and a recapitalization with … Continue reading

FCP PROVIDES $13.9 MILLION IN PREFERRED EQUITY FOR 240-UNIT CHARLOTTE, NC MULTIFAMILY DEVELOPMENT

FCP® announces $13.9 million in preferred equity has been invested through its Structured Investments platform to finance Waypoint Residential’s development of Easton at Mountain Island, a 240-unit, three-story multifamily development on Garron Point Drive in Charlotte, NC. “FCP is excited … Continue reading

FCP ANNOUNCES $33.25 MILLION ACQUISITION OF 404-UNIT, WATER’S EDGE APARTMENTS IN JACKSONVILLE, FL

FCP® announces the $33.25 million acquisition of Water’s Edge Apartments at 800 Broward Road in Jacksonville, FL through a joint venture with Springer Capital. The 404-unit apartment community was built in 1974 and consists of one-, two-, and three-bedroom units … Continue reading

FCP ANNOUNCES ACQUISITION OF 220-UNIT, AVANA CYPRESS CREEK APARTMENTS IN NORTH LAUDERDALE, FL

FCP® announces the acquisition of Avana Cypress Creek Apartments at 1700 South State Road 7 in North Lauderdale, FL. The 220-unit, Class A community was built in 2009 and consists of predominantly two- and three-bedroom units with the majority of … Continue reading

FCP ACQUIRES 360-UNIT AMBER GROVE AT OLLEY CREEK APARTMENTS IN MARIETTA, GA FOR $51 MILLION

FCP® announces the $51.0 million acquisition of Amber Grove at Olley Creek Apartments, a 360-unit garden apartment community at 2050 Austell Road in Marietta, GA. FCP has invested in 34 properties since its entry into the Atlanta market in 2015 … Continue reading

FCP PARTNERS AGAIN WITH AVANTI RESIDENTIAL, ACQUIRING OMNIA ON THOMAS APARTMENTS IN PHOENIX, AZ FOR $65 MILLION

FCP® and joint venture partner Avanti Residential announce the $65 million acquisition of Omnia on Thomas, a 382-unit garden apartment community at 1645 E. Thomas Road in Phoenix, AZ. Omnia on Thomas represents FCP’s third multifamily investment in Phoenix and … Continue reading