FCP® has invested $12.8 million in preferred equity for St. Joseph Apartments, a 268-unit luxury apartment development at 9500 Ruby Lockhart Boulevard in Upper Marlboro, MD. Developer Varsity Investment Group will build the four-story, elevatored community with United Bank providing … Continue reading
FCP® announces a $17.2 million preferred equity investment into Belmont Apartments, a 300-unit multifamily development in Riverview, FL, a suburb of Tampa. The acquisition marks the firm’s 16th investment in Florida. Belmont Apartments will be developed by Cross Lake Partners … Continue reading
FCP® announces the closing of $8.6 million in preferred equity for the development of Eden West Apartments, a 212-unit multifamily development in the city of Tamarac in Broward County, FL. The project is a joint venture between developers Eden Multifamily … Continue reading
FCP® Senior Vice President for Structured Investments, E.J. Corwin, will take part in the upcoming iGlobal Webinar, Real Estate Debt and Alternative Financing Strategies in the Current Market, on March 18th, 2021 at 11:00 AM EST. Topics in the live, … Continue reading
FCP® has provided $12.6 million in preferred equity financing to LeCesse Development Corp. for the development of AVILA Apartments, a 269-unit, three-story apartment community in Oviedo, FL, northeast of Orlando. The investment marks FCP’s second with LeCesse and is FCP’s … Continue reading
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℠ 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℠ 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℠ 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℠ welcomes Will Metzfield, Senior Analyst for Commercial Investments and Emily Rivers, Senior Analyst for Structured Investments. Will Metzfield is responsible for underwriting and closing FCP’s commercial investments and developments throughout the Southeast, as well as providing support in managing … Continue reading