Category Archives: Acquisition

FCP AND QUADRANT INVESTMENT PROPERTIES ANNOUNCE ACQUISITION OF THE INTERNATIONAL AT TURTLE CREEK AND 161 RIVEREDGE DR.

A new development project is planned in Dallas’ Design District Dallas TX, January 5, 2021— Quadrant Investment Properties, a Texas real estate investment firm, and FCP®, a privately held real estate investment company based in Chevy Chase, MD, announce the … Continue reading

FCP ACQUIRES VILLAS AT PRINCETON LAKES ATLANTA APARTMENTS FOR $30 MILLION

Chevy Chase, MD, January 4, 2021 – FCP® announces the $30.0 million acquisition of Villas at Princeton Lakes, a 210-unit apartment community in the South Fulton area of Atlanta, GA. The acquisition marks FCP’s 18th investment in Atlanta. FCP assumed … Continue reading

FCP EXPANDS FLORIDA PRESENCE W/ $8.4 MILLION PREFERRED EQUITY FINANCING IN DESTIN

FCP® has provided $8.4 million in preferred equity financing to Arris Holdings for the development of Arris Destin, a 192-unit apartment community in Destin, FL. The investment is FCP’s 13th in Florida and its first in the Florida panhandle, including … Continue reading

FCP, ABACUS CAPITAL & BIG CYPRESS ACQUIRE CHARLOTTE ASSEMBLAGE FOR ADAPTIVE REUSE REDEVELOPMENT

FCP®, with JV partners Abacus Capital (Abacus) and Big Cypress Capital (Big Cypress), has closed on the acquisition of two parcels on 4.33 acres at 2213 and 2218 Toomey Avenue in Charlotte, NC. The parcels are currently occupied by one-story … Continue reading

FCP ANNOUNCES 2ND PHOENIX, AZ ACQUISITION W/ $77 MILLION PURCHASE OF SOLARA AT MILL AVENUE

FCP® announces the $77.0 million acquisition of Solara at Mill Avenue, a 515-unit apartment community in Tempe, Arizona, through a joint venture with Tides Equities. The acquisition of Solara at Mill Avenue, which is adjacent to the partnership’s June acquisition, … Continue reading

FCP ENTERS PHOENIX, AZ MARKET W/ $71.5 MILLION MULTIFAMILY ACQUISITION

FCP® announces the $71.5 million acquisition of Tides at South Tempe, a 442-unit apartment community in Tempe, Arizona through a joint venture with Tides Equities. The acquisition marks FCP’s first investment in Arizona as the company continues to expand its … Continue reading

FCP ANNOUNCES $71.1 MILLION ACQUISITION OF THREE MULTIFAMILY COMMUNITIES TOTALING 652 APARTMENTS IN ATLANTA, GA

FCP℠ announces the $71.1 million acquisition of three apartment communities in Douglasville and Austell, GA in the Atlanta Metro Area. The communities include: Place at Midway, a 200-unit apartment community in Douglasville, GA Stewart’s Mill, a 188-unit apartment community in … Continue reading

FCP & GREENSTONE PROPERTIES ANNOUNCE CLOSING OF CONSTRUCTION FINANCING & GROUNDBREAKING ON KIMBALL PLACE IN ALPHARETTA, GA

Plans for Six-Story, 125,000 SF Office Building Underway FCP℠ and Greenstone Properties announce a joint venture for the development of Kimball Place at Parkway 400, a Class-A, six-story, office building comprised of approximately 125,000 square feet located in Alpharetta, GA. Construction … Continue reading

FCP AND SCP COMMENCE DEVELOPMENT OF FORTY540 II OFFICE BUILDING IN MORRISVILLE, NC W/ 40% PRE-LEASE TO SOLARWINDS

FCP℠ and Indianapolis-based Strategic Capital Partners, LLC (SCP) announce the commencement of construction of a five-story, 198,535 square foot, Class A office building, Forty540 II, located at 710 Slater Road at the highly visible I-40/I-540 intersection in the RTP/I-40 submarket … Continue reading

FCP, THIRD & URBAN ACQUIRE WEST MIDTOWN ATLANTA SITE FOR LARGE-FORMAT MIXED-USE PROJECT

Former WestRock Warehouse Will Be Adapted Into Large-Format Mixed-Use Space FCP and Third & Urban have acquired 15.2 acres on West Marietta Street near some of Atlanta’s first adaptive reuse projects, King Plow Arts Center and Puritan Mill, which were developed … Continue reading