FCP® has provided $12.6 million in preferred equity financing to LeCesse Development Corp. for the development of AVILA Apartments, a 269-unit, three-story apartment community in Oviedo, FL, northeast of Orlando. The investment marks FCP’s second with LeCesse and is FCP’s … Continue reading
FCP® has named Christopher LoSapio as a Principal of the firm. “Chris has been an outstanding executive team member at FCP, providing key leadership to our asset management group and playing a large role in our national expansion and the … Continue reading
Wealth Management Real Estate (WMRE, formerly NREI) recently showcased FCP’s Vice President of Research and Data Analytics, Matt Larriva‘s, work on domestic net migration during the pandemic. Click here to view.
FCP® announces the $20.0 million acquisition of Brookview Apartments, a 216-unit apartment community in Douglasville, GA. The acquisition marks FCP’s 19th investment in Atlanta and the firm’s third investment in the Douglasville submarket. “Brookview fits well within FCP’s growing west … Continue reading
Chevy Chase, MD, January 4, 2021 – FCP® announces the $30.0 million acquisition of Villas at Princeton Lakes, a 210-unit apartment community in the South Fulton area of Atlanta, GA. The acquisition marks FCP’s 18th investment in Atlanta. FCP assumed … Continue reading
FCP® has named Garland Faist and Jason Bonderenko as Partners of the firm. “FCP is incredibly privileged to have Garland and Jason join myself and Managing Partners Esko Korhonen and Alex Marshall as Partners in the firm,” said FCP Managing … Continue reading
FCP employees have come together to provide relief to those affected by COVID-19. Through FCP SERVES, the firm’s employee-led service program, and other food insecurity initiatives, the firm provided 675,000 meals to families in need via donations to food banks … Continue reading
FCP® has provided $8.4 million in preferred equity financing to Arris Holdings for the development of Arris Destin, a 192-unit apartment community in Destin, FL. The investment is FCP’s 13th in Florida and its first in the Florida panhandle, including … Continue reading
FCP®, with partner Croatan Investments (Croatan), announces the sale of Magnolia at Whitlock Apartments to Cannell Capital Partners. The 152-unit community is one of the most affordable in the Marietta submarket and, since its acquisition in 2016, has benefited from … Continue reading
FCP® and Kane Realty Corporation announce the sale of The Dillon to an institutional client advised by MetLife Investment Management for $236 million. The Dillon is the first mixed-use development of its kind in downtown Raleigh; its 18 stories encompassing … Continue reading