FCP℠ and Indianapolis-based Strategic Capital Partners, LLC (SCP) announce the sale of Forty540, a five-story, 200,000 square foot office building in the RTP/I40 submarket of Raleigh-Durham, NC for $58.1 million. FCP and SCP acquired the highly visible site in November … Continue reading
FCP℠ welcomes Walker Helvey as a Senior Analyst responsible for underwriting and closing FCP’s equity and structured investments in ground-up multifamily development opportunities. Mr. Helvey provides additional support in the underwriting of residential acquisitions. Prior to FCP, Mr. Helvey worked on the Finance team … Continue reading
FCP℠ and partner Terwilliger Pappas Multi Family Partners (TPMP) announce two separate transactions totaling $128.6 million. The first, Solis Waverly, was sold for $84.4 million to Dallas-based Lan Properties/Lantower Residential. In a separate transaction, Solis Ballantyne was sold for $44.2 … Continue reading
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
FCP℠ today announced the closing of FCP Realty Fund IV, L.P. (Fund IV), a $755.0 million fund targeting multifamily and commercial property opportunities throughout the Eastern U.S. and Texas. Fund IV, when fully invested, is expected to accommodate approximately $2.5 … Continue reading
FCP℠ today announced that it provided $12.5 million in preferred equity financing to Core Property Capital for the development of Avalon at James Island, a three-building, 273-unit apartment community well-located at Maybank Highway and Promenade Vista in the James Island … Continue reading
FCP℠ today announced that it will offer development capital for assets in and adjacent to federally designated Opportunity Zones throughout the East Coast and Texas. The firm will offer bridge capital to option, entitle, buy, renovate and/or build multifamily, commercial … Continue reading
Sylvan Supply Will Bring Creative Office, Dining, Retail to Charlotte Ave. Sylvan Supply, an adaptive re-use development featuring large format, class-A creative office space, select dining and shopping and expansive courtyards by Third & Urban and FCP will continue the … Continue reading