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
Sylvan Supply, the gateway to Nashville’s vibrant Sylvan Park by Third & Urban and FCP®, will welcome a slate of new businesses this summer and is creating new space for an existing tenant. It has also reached a long-term agreement … 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
FCP® announces the closing of $8.6 million in preferred equity for the development of Eden West Apartments, a 212-unit multifamily development in the city of Tamarac in Broward County, FL. The project is a joint venture between developers Eden Multifamily … Continue reading
FCP® Vice President for Commercial Investments, Liz Koteles, will take part in the upcoming March 10th Kayo Women in Real Estate Private Equity Summit, participating in the US Regions: Southeast Perspectives Breakout Panel. Koteles will be joined on the panel … Continue reading
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
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