Category Archives: Acquisition

FCP PROVIDES PREFERRED EQUITY TO FAIRFIELD PROPERTIES FOR WESTFIELD GREEN APARTMENTS IN LONG ISLAND, NY

FCP℠ announces that it recently closed on a preferred equity investment to facilitate Fairfield Properties’ acquisition of Westfield Green, a newly developed apartment community containing 126 units in 13 buildings. The property is located in the town of Selden in … Continue reading →

FCP ACQUIRES SOMERSET APARTMENTS IN CHARLOTTE, NC FOR $18.0 MILLION

FCP℠ announces the $18.0 million acquisition of Somerset Apartments, a 240-unit garden apartment community on Ventura Way in Charlotte, NC. The workforce housing community is located adjacent to FCP’s Hunters Pointe property, providing operational efficiencies in a submarket where the … Continue reading →

FCP ENTERS JACKSONVILLE, FL MARKET W/ $29.1 MILLION ACQUISITION OF TOWNSEND APARTMENTS

FCP℠ announces the $29.1 million acquisition of Townsend Apartments, a 396-unit garden apartment community on Townsend Boulevard in Jacksonville, FL. The acquisition of Townsend Apartments marks FCP’s first investment in the Jacksonville market and its 10th Florida investment, including previous … Continue reading →

FCP PROVIDES PREFERRED EQUITY TO FAIRFIELD PROPERTIES FOR THE PRESERVE APARTMENTS IN LONG ISLAND, NY

FCP℠ announces that it recently closed on a preferred equity investment to facilitate the acquisition of The Preserve, a Class-A, 80-unit multifamily community in Suffolk County, Long Island. The sponsor, Fairfield Properties, made a significant initial investment in acquiring the … Continue reading →

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 →