Tag Archives: Investments

FCP ACQUIRES AVERY TOWNHOMES IN ATLANTA FOR $32 MILLION

FCP® announces the acquisition of Avery Townhomes in the Atlanta submarket of College Park, GA for $32 million. The 220-unit apartment community at 2609 Charlestown Drive features close proximity to south Atlanta’s largest employment centers, including Hartsfield-Jackson International Airport, the … Continue reading

DESIGN & ZONING APPROVED FOR HERITAGE PARK IN GILBERT, AZ – JV BETWEEN FCP, CREATION, CRESCENT COMMUNITIES

Design and Zoning Approved for Heritage Park in Gilbert, Ariz. Joint venture between Creation, Crescent Communities and FCP to deliver an exceptional mixed-use community in the Heritage District  Phoenix, AZ – (February 17, 2022) –Creation, an alternative investment and real … Continue reading

FCP ANNOUNCES $56.2 MILLION SALE OF HAVEN AT PATTERSON APARTMENTS IN DURHAM, NC

FCP® announces the sale of Haven at Patterson Place apartments in Durham, NC for $56.2 million. The 242-unit apartment community was acquired by FCP in November 2015 for $24.6 million. “We are pleased with the successful execution of our business … Continue reading

120,000 SF OFFICE BUILDING COMING TO DALLAS’ DESIGN DISTRICT

FCP and Quadrant Investment Properties (QIP), a Texas-based real estate investment firm, announce plans to develop a 10-story, 120,286-square-foot Class A office building at 1333 Oak Lawn Ave. in the heart of Dallas’ Design District. The project will break ground in … Continue reading

FCP, THIRD & URBAN SELL INTERESTS IN NASHVILLE ADAPTIVE REUSE MIXED-USE PROJECT TO CBRE INVESTMENT MANAGEMENT

Joint Venture Transformed 60-Year-Old Mill Into Vibrant Sylvan Supply Nashville, Tennessee (January 25, 2022) — Third & Urban and FCP® have sold their interests in Sylvan Supply, the adaptive reuse development on Charlotte Avenue at the gateway to Nashville’s Sylvan … Continue reading

FCP ANNOUNCES $105.5 MILLION SALE OF FIELDS AT CASCADES APARTMENTS IN STERLING, VA

FCP® with partner KETTLER announce the sale of Fields at Cascades Apartments to Jair Lynch Real Estate Partners and Nuveen Real Estate for $105.5 million. The 320-unit apartment community was acquired by FCP and KETTLER in December 2014 for $55.78 … Continue reading

FCP PROVIDES $67.1 MILLION IN PREFERRED EQUITY FOR MULTIFAMILY THROUGH STRUCTURED INVESTMENTS PLATFORM IN 4TH QTR. 2021

FCP® announces $67.1 million in preferred equity has been invested through its Structured Investments platform in five multifamily properties in New York, Pennsylvania, Texas, and Maryland.  “These investments demonstrate the breadth and reach of our Structured platform, ranging from existing … Continue reading

FCP ANNOUNCES $35 MILLION SALE OF GATES AT SUMMERVILLE APARTMENTS IN CHARLESTON, SC

FCP® announces the sale of Gates at Summerville Apartments in Charleston, SC to an undisclosed buyer for $35 million. The 232-unit apartment community was acquired by FCP in October 2017 for $16.37 million. “FCP is pleased with the execution of … Continue reading

FCP PARTNERS WITH CREATION, CRESCENT COMMUNITIES ON SOUTHBRIDGE II IN SCOTTSDALE, AZ

Unger.  Southbridge. They are names that conjure best-in-class thoughts involving real estate and development. Indeed, the Unger family led by Fred, who passed away in 2018, is best known for its highly acclaimed work redeveloping The Hermosa Inn in Paradise … Continue reading

FCP ANNOUNCES SALE OF TOWNSEND SQUARE APARTMENTS IN FREDERICKSBURG, VA

FCP® announces the sale of Townsend Square Apartments in Fredericksburg, VA to Acento Partners. The 200-unit apartment community was acquired by FCP in May 2014. “Townsend Square received a number of improvements under FCP’s ownership, including the relocation of the … Continue reading