Robust Response to COVID-19 to Support Residents, Tenants, and Team Members FCP® has published its 2020 ESG Report, providing reporting and metrics on the firm’s activities in the areas of Environmental Sustainability, Social Responsibility and Governance. Key accomplishments in 2020 … Continue reading
FCP®’s Cristina Istrate will take part in the upcoming IMN 5th Annual Middle-Market Multifamily Forum (Southeast) to be held on July 26-27, 2021 at the Grand Hyatt Atlanta. Istrate will moderate the July 27th session titled Acquiring, Managing & Selling … Continue reading
FCP® announces the acquisition of Westwood Glen, a 247-unit apartment community in Atlanta, GA for $24.5 million. The acquisition marks FCP’s 21st investment in Atlanta and the 9th in the city’s Westside. “Located in the same submarket as two other … Continue reading
FCP® announces the sale of Tree Top Apartments in Raleigh, NC for $31.5 million. The 206-unit apartment community was acquired by FCP in October 2013 for $10.5 million. The community was 97.1% occupied at the time of sale. “Tree Top … Continue reading
FCP® announces the acquisition of Wyndcliff Apartments, a 380-unit apartment community in Smyrna, GA. The acquisition marks FCP’s 20th investment in Atlanta. “This acquisition expands FCP’s presence in Atlanta and complements our existing portfolio,” said FCP’s Michael Errichetti. Errichetti continued, … Continue reading
FCP® announces the sale of River Crossing at Roswell in Atlanta, GA. The 312-unit community was acquired by FCP as River Trace Apartments in August 2016 and has been repositioned through $5.5 million in improvements to community amenities, unit interiors … Continue reading
FCP® and S2 Capital have acquired Oxford Park Apartments, a 308-unit garden apartment community in Irving, TX. The off-market transaction marks the third deal in DFW in the last 12 months between S2 and FCP. “The 1995 vintage property is … Continue reading
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® Co-Founder and Managing Partner Lacy Rice will lead a Crittenden Multifamily Conference session exploring the impact of work from home trends on multifamily demand. The session is part of the May 19th Crittenden Multifamily Conference being held in-person from … Continue reading