Category Archives: Acquisition

FCP, WHITE POINT CLOSE ON CHADBOURN MILL FOR ADAPTIVE RE-USE DEVELOPMENT

FCP℠ and White Point announce plans to redevelop historic Chadbourn Mill into a mixed-use development complete with office, retail, and dining space. Located at the corner of North Brevard Street and Jordan Place, Chadbourn will be the latest addition to … Continue reading

FCP ACQUIRES PHILADELPHIA CENTER CITY LANDMARK, EDGEWATER APARTMENTS, FOR $117.9 MILLION

FCP℠ announces the $117.9 million acquisition of Edgewater, a 286-unit luxury high rise apartment community at 2323 Race Street in Center City Philadelphia, PA, from institutional investors advised by J.P. Morgan Asset Management. The purchase price includes excess land that … Continue reading

FCP ACQUIRES ESTUARY APARTMENTS IN ATLANTA, GA FOR $40 MILLION

FCP℠ announces the $40.0 million acquisition of The Estuary Apartment Homes, a 310-unit garden apartment community at 3450 Evans Road in Atlanta, GA. The acquisition of The Estuary marks FCP’s 4th investment in the Atlanta area this year, bringing the … Continue reading

FCP, THIRD & URBAN TO RENOVATE AND REPOSITION NORTH ORANGE AVE. OFFICE BUILDING IN ORLANDO, FL

Project Will Bring Creative Office, Exciting New Dining & Retail to Downtown Orlando Third & Urban and FCP℠  have acquired 150 N. Orange Avenue, a 140,991 square foot commercial office building in downtown Orlando, FL. The renovation and repositioning of … Continue reading

FCP ANNOUNCES $17.7 MILLION ACQUISITION OF FIELDS EAST WEST COMMONS IN AUSTELL, GA

FCP℠ announces the $17.7 million acquisition of Fields East West Commons, a 150-unit garden apartment community at 2100 Mesa Valley Way in the Atlanta suburb of Austell, GA, adjacent to Chroma Park, which was acquired by FCP in January of … Continue reading

FCP ACQUIRES ASHFORD GARDENS APARTMENTS IN ATLANTA, GA FOR $23.1 MILLION

FCP℠ announces the $23.1 million acquisition of Ashford Gardens, a 164-unit garden apartment community at 2203 Plaster Road NE in Atlanta, GA. The acquisition of Ashford Gardens marks FCP’s 7th investment in the Atlanta area. “Ashford Gardens is a well-located … Continue reading

FCP ACQUIRES TRAILS OF NORTH HILLS IN RALEIGH, NC FOR $33.3 MILLION

FCP℠ announces the acquisition for $33.3 million of the Trails of North Hills, a 279-unit apartment community near the vibrant North Hills area. The Trails of North Hills Apartments are adjacent to the Crabtree/Mine Creek Greenway trail and enjoy immediate … Continue reading

FCP PROVIDES $100 MILLION OF PREFERRED EQUITY FOR ACQUISITION OF MULTIFAMILY PORTFOLIO IN LONG ISLAND, NY

FCP℠ announces a $100 million preferred equity investment with Fairfield Properties to acquire a seven-property, garden-style multifamily portfolio containing 1,496 units located in Nassau and Suffolk Counties in Long Island, NY. Fairfield Properties is the largest multifamily owner and operator … Continue reading

FCP ACQUIRES 210-UNIT CHROMA PARK APARTMENTS IN AUSTELL, GA FOR $29.5 MILLION

FCP℠ announces the $29.5 million acquisition of Chroma Park, a 210-unit garden-style apartment community located at 2105 Mesa Valley Way in the Atlanta suburb of Austell, GA. Chroma Park marks FCP’s 6th investment in the Atlanta area. “Chroma Park is … Continue reading

FCP NAMES LIZ KOTELES AS VP COMMERCIAL INVESTMENTS HEADING UP NEW ATLANTA OFFICE

FCP℠ has named Liz Koteles as Vice President for Commercial Investments, a new position that will provide a dedicated professional to source and execute FCP’s commercial investments and developments throughout the Southeast. Ms. Koteles will be based in Atlanta, GA, … Continue reading