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FCP Provides $8.6 Million Preferred Equity Investment in Eden West Apartment Community Located in Broward County, Florida multifamilybiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from multifamilybiz.com Daily Mail and Mail on Sunday newspapers.
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 (Eden) and Cypress Equity Investments (CEI). The investment marks FCP s 15th in Florida. FCP is excited to be working with top-notch developers, Eden Multifamily and Cypress Equity Investments, on Eden West, said FCP Vice President Bruce Gago, who heads the firm s Florida office. Gago continued, This location not only offers residents access to exciting new amenities at urban destinations, Metropica and Plantation Walk, but we will be able to provide convenient surface parking at an attractive cost basis, a rarity in Broward County. ....