FCP® announces $43.8 million in preferred equity has been invested through its Structured Investments platform in three multifamily properties in New York, Georgia, and Florida. The investments include apartment communities The Wel, an existing property with 260 units in Lindenhurst, … Continue reading
FCP® announces its third Colorado multifamily acquisition in less than two months with the $114 million joint venture recapitalization with BMC of Aurora Meadows, a 461-unit apartment community at 777 Dillon Way in Aurora, CO. With the Aurora Meadows investment, … Continue reading
FCP® announces its first equity multifamily acquisition in the Denver, CO market with the joint venture recapitalization with BMC of Ivy Crossing, a 1,023-unit apartment community at 2320 S. Quebec Street. Earlier in May, FCP announced its investment, with Lincoln … 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
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® 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® 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 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℠ announces that it recently closed on a preferred equity investment to facilitate Fairfield Properties’ acquisition of a residential and retail property currently known as Jefferson at Farmingdale Plaza located in the village of Farmingdale, New York in Nassau County. … Continue reading