Federal Capital Partners (FCP) is pleased to announce that Gaslight Square, a 117-unit luxury residential condominium project in Arlington, Virginia, has been awarded Best Mid-Atlantic Condominium Community for 2012 by Delta Associates. In 2011, Gaslight Square was also recognized with an award for the Top Financing Deal in the Washington Business Journal’s annual Best Real Estate Deals awards. FCP provided $24 million in mezzanine capital to the project, which was developed by Abdo Development.
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 debt and equity 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 through equity, preferred equity or mezzanine debt investments. The firm, based in Chevy Chase, MD, manages $769 million of discretionary capital. FCP is currently investing FCP Realty Fund II, L.P., a $529 million commingled, discretionary fund closed in 2012. For further information on FCP, please visit www.fcpdc.com