FCP PROVIDES .8 MILLION IN PREFERRED EQUITY FOR MULTIFAMILY THROUGH STRUCTURED INVESTMENTS PLATFORM IN THE FIRST HALF OF 2022

CHEVY CHASE, Md, Sept. 19, 2022 /PRNewswire/ -- FCP® announces $43.8 million in preferred equity has been invested through its Structured Investmen...

September 19, 2022
12:00 PM

CHEVY CHASE, Md, Sept. 19, 2022 /PRNewswire/ -- 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, NY; Arris Gwinnett, a 251-unit multifamily development in Buford, GA; and Midtown Doral, a 326-unit multifamily development in Doral, FL."We are pleased to expand FCP's Structured Investments portfolio with the financing of these three investments.

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