Category Archives: Acquisition

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 →

FCP PROVIDES PREFERRED EQUITY TO FAIRFIELD PROPERTIES FOR ACQUISITION OF MULTIFAMILY COMMUNITY IN FARMINGDALE, NY

FCP℠ announces that it recently closed on a preferred equity investment to facilitate Fairfield Properties’ acquisition of a residential and retail property currently known as Jefferson at Farmingdale Plaza located in the village of Farmingdale, New York in Nassau County. … Continue reading →

FCP ACQUIRES KISSIMMEE, FL APARTMENT COMMUNITY FOR $25.3 MILLION

FCP℠ announces the $25.3 million acquisition of Park at Sorrento, a 208-unit apartment community in the Orlando, FL submarket of Kissimmee. The acquisition of Park at Sorrento, soon to be rebranded Mirador at Woodside, marks FCP’s 12th Florida investment, including … Continue reading →

FCP ANNOUNCES $85.5 MILLION ACQUISITION OF THREE MULTIFAMILY COMMUNITIES IN SOUTH FLORIDA

FCP℠ announces the $85.5 million acquisition of three apartment communities in Palm Beach County, Florida totaling 683 apartment units: Costa del Lago, a 218-unit apartment community in Lake Worth, FL Coronado Springs, a 314-unit apartment community in Palm Springs, FL … Continue reading →

FCP ACQUIRES PORTOFINO APARTMENTS IN ATLANTA, GA FOR $19 MILLION

FCP℠ announces the $19.0 million acquisition of Portofino Apartments, a 234-unit garden apartment community at 1250 Brockett Road in the Atlanta, GA suburb of Clarkston. The acquisition marks FCP’s 6th investment in the Atlanta area this year, bringing the firm’s … Continue reading →

FCP’S MICHAEL ERRICHETTI PROMOTED TO ASSOCIATE – MULTIFAMILY ACQUISITIONS

FCP℠ congratulates Michael Errichetti on his promotion to Associate – Multifamily Acquisitions. Mr. Errichetti is responsible for underwriting and closing FCP’s multifamily acquisitions throughout the Southeast Region. He recently completed several successful transactions including The Estuary, Chroma Park and Fields … Continue reading →

FCP ACQUIRES ASHFORD AT SPRING LAKE APARTMENTS IN ATLANTA FOR $23.2 MILLION

FCP℠ announces the $23.2 million acquisition of Ashford at Spring Lake, a 180-unit garden apartment community at 6200 Bakers Ferry Road in Atlanta, GA. The acquisition of Ashford at Spring Lake marks FCP’s 5th investment in the Atlanta area this … Continue reading →