Category Archives: Acquisition

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

FCP, CROSLAND SOUTHEAST ANNOUNCE ACQUISITION OF THE EXCHANGE AT INDIAN LAND APARTMENTS DEVELOPMENT SITE IN CHARLOTTE, NC

FCP® and joint venture partner Crosland Southeast announce the acquisition and groundbreaking of The Exchange at Indian Land mixed-use development site at Charlotte Highway and Possum Hollow Road in Indian Land, SC within the Charlotte, NC MSA. The three- and … Continue reading

FCP ACQUIRES 304-UNIT PARK 35 APARTMENTS IN DECATUR, GA FOR $40.5 MILLION

FCP® announces the $40.5 million acquisition of Park 35 Apartments, a 304-unit garden apartment community at 3529 Robins Landing Way in Decatur, GA. FCP has invested in 33 properties since its entry into the Atlanta market in 2015 and its … Continue reading

FCP ACQUIRES 297-UNIT MULTIFAMILY APARTMENT COMMUNITY IN RALEIGH, NC FOR $48 MILLION

FCP® announces the $48.0 million acquisition of Grand Arbor Reserve, a 297-unit vintage apartment community at 2419 Wycliff Road, blocks from I-440 in Raleigh, NC. “Grand Arbor Reserve is a well-located asset that provides residents quality housing near job centers, … Continue reading