FCP®’s Michael Errichetti will take part in the upcoming Bisnow Atlanta Multifamily & SFR Boom conference to be held on March 17th at the Sheraton Atlanta Hotel. Errichetti will participate in the State of Atlanta Multifamily session. Registration is available … Continue reading
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
FCP®’s Dara Vaziri will take part in the upcoming IMN 4th Annual Middle-Market Multifamily Forum (Southwest) to be held on March 29th and 30th in Dallas, TX. Vaziri will participate in the March 29th session titled What Is/Will Be the … Continue reading
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 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
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® 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
Forecasting cap rates has long been a focus of the real estate industry. They are seen as determinants of value in the sector, and their relationships to interest rates, although volatile, have been assumed to be the best forecast available. … Continue reading
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® 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