FCP® and VaultCap Partners (VaultCap) have acquired Corey Place Apartments, a 275-unit garden apartment community in Grand Prairie, TX. The transaction marks the first joint venture for FCP and VaultCap. “FCP is excited to partner with Mark and Ryan and … 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®, with JV partners Abacus Capital (Abacus) and Big Cypress Capital (Big Cypress), has closed on the $9.0 million acquisition of 2320 Toomey Avenue in South End Charlotte, NC, adding to what will be the largest remaining assemblage of adaptive … 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
In this episode of The ESG Experience, hosts Helee Lev and Ryan Nelson are joined by Summer Haltli, Senior Vice President of Strategic Management & Sustainability at FCP. They discuss how FCP’s adaptive reuse projects and workforce housing investments relate to ESG and dive into the … Continue reading
FCP® Senior Vice President for Strategic Management and Sustainability, Summer Haltli, will take part in the upcoming Real Estate Fund Intelligence (REFI) US webinar, Multifamily Multitudes, on Thursday, April 22nd at 11:00 AM EST. The webinar will focus on the … Continue reading