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FCP and Springer Capital Complete $33.25 Million Acquisition of 404-Unit Water's Edge Apartment Community in Jacksonville

JACKSONVILLE, FL - FCP announces the $33.25 million acquisition of Water s Edge Apartments at 800 Broward Road in Jacksonville, FL through a joint venture with Springer Capital. The 404-unit apartment community was built in 1974 and consists of one-, two-, and three-bedroom units in a tranquil, waterfront setting. Water s Edge marks FCP s second acquisition in Jacksonville and its second partnership with Springer Capital. FCP has closed its second Florida acquisition in two weeks, following.

FCP Expands Florida Portfolio with Acquisition of 220-Unit Avana Cypress Creek Apartment Community in North Lauderdale Market

FORT LAUDERDALE, FL - FCP announced the acquisition of Avana Cypress Creek Apartments at 1700 South State Road 7 in North Lauderdale, FL. The 220-unit, Class A community was built in 2009 and consists of predominantly two- and three-bedroom units with the majority of the units having direct access garages. FCP will assume an existing Fannie Mae loan.

FCP Acquires 220-Unit Florida Property

FCP has acquired Avana Cypress Creek Apartments, a 220-unit multifamily community, in North Lauderdale, Fla.

FCP ANNOUNCES ACQUISITION OF 220-UNIT, AVANA CYPRESS CREEK APARTMENTS IN NORTH LAUDERDALE, FL

FCP ANNOUNCES $25 MILLION ACQUISITION OF MODERA ACADEMICAL VILLAGE MULTIFAMILY DEVELOPMENT SITE SUPPORTING 793 APARTMENT UNITS IN BROWARD COUNTY, FL

/PRNewswire/ FCP® and joint venture partner Mill Creek Residential Trust (Mill Creek) announce the $25 million acquisition of the Modera Academical Village.