Chevy Chase, MD


Federal Capital Partners® (FCP) today announced the sale of its interest in 1101 Connecticut Avenue, NW in downtown Washington, DC for an undisclosed price. FCP acquired an interest in the building as part of a joint venture with Penzance in 2010. Penzance will continue to own the building with a new partner.

FCP Vice President, Howard Jenkins, commented, “1101 Connecticut is a terrific asset that has been very successful in a challenging environment and has generated returns exceeding our underwriting goals.”

1101 Connecticut is a 12-story, 187,879 square-foot office building located at the Farragut North Metro Station with views of the White House and the Washington Monument.

FCP extends its appreciation to Bill Collins, Paul Collins, Jud Ryan, Drew Flood and James Cassidy at Cassidy Turley for their representation.


About Federal Capital Partners

Federal Capital Partners (FCP) is a privately held real estate investment company that has invested in or financed more than $3.0 billion in assets since its founding in 1999. FCP is seeking equity, preferred equity and mezzanine debt investments in commercial and residential real estate throughout the Mid-Atlantic region, including Washington DC, Maryland, Pennsylvania, Virginia, Delaware, West Virginia, New Jersey and the Carolinas. FCP buys assets directly as well as through joint ventures with local operating partners. The firm, based in Chevy Chase, MD, owns and manages in excess of $2.3 billion in assets. FCP is currently investing its second investment fund, a $529 million commingled, discretionary fund closed in 2012. For further information on FCP, please visit