FCP® and VaultCap Partners (VaultCap) have followed their July 2021 acquisition of Corey Place Apartments with the purchase of the adjacent 100-unit Prairie Ridge Apartments. The venture plans to combine the properties under a new name, The Marabella on Pioneer, … Continue reading
Acquisitions reflect investment in both workforce and newer product in submarkets demonstrating strong job growth and increasing demand for rental housing FCP® has announced its acquisition of three Atlanta-area apartment communities within the past three weeks, marking the company’s fourth, … Continue reading
FCP® and VaultCap Partners (VaultCap) have acquired Corey Place Apartments, a 275-unit garden apartment community in Grand Prairie, TX. The transaction marks the first joint venture for FCP and VaultCap. “FCP is excited to partner with Mark and Ryan and … Continue reading
FCP, ABACUS CAPITAL AND BIG CYPRESS CAPITAL EXPAND ASSEMBLAGE FOR THE QUARTER SOUTH END; CONSTRUCTION STARTS ON 2218 TOOMEY AVENUE ADAPTIVE REUSE Land Closings for Multifamily Development Set the Stage for 15-Acre Mixed-Use District FCP®, with JV partners Abacus Capital … Continue reading
FCP® announces that it recently closed on a preferred equity investment to facilitate Fairfield Properties’ acquisition of a residential community currently known as Avalon Glen Cove located in the village of Glen Cove, New York. Fairfield Properties, a Melville-based owner … Continue reading
FCP® announces the acquisition of Westwood Glen, a 247-unit apartment community in Atlanta, GA for $24.5 million. The acquisition marks FCP’s 21st investment in Atlanta and the 9th in the city’s Westside. “Located in the same submarket as two other … Continue reading
FCP® announces the acquisition of Wyndcliff Apartments, a 380-unit apartment community in Smyrna, GA. The acquisition marks FCP’s 20th investment in Atlanta. “This acquisition expands FCP’s presence in Atlanta and complements our existing portfolio,” said FCP’s Michael Errichetti. Errichetti continued, … Continue reading
FCP® and S2 Capital have acquired Oxford Park Apartments, a 308-unit garden apartment community in Irving, TX. The off-market transaction marks the third deal in DFW in the last 12 months between S2 and FCP. “The 1995 vintage property is … Continue reading
FCP® has invested $12.8 million in preferred equity for St. Joseph Apartments, a 268-unit luxury apartment development at 9500 Ruby Lockhart Boulevard in Upper Marlboro, MD. Developer Varsity Investment Group will build the four-story, elevatored community with United Bank providing … Continue reading
FCP® announces a $17.2 million preferred equity investment into Belmont Apartments, a 300-unit multifamily development in Riverview, FL, a suburb of Tampa. The acquisition marks the firm’s 16th investment in Florida. Belmont Apartments will be developed by Cross Lake Partners … Continue reading