{"id":1317,"date":"2018-10-09T15:29:24","date_gmt":"2018-10-09T15:29:24","guid":{"rendered":"https:\/\/fcpdc.com\/?p=1317"},"modified":"2018-10-09T15:38:26","modified_gmt":"2018-10-09T15:38:26","slug":"fcp-announces-availability-of-opportunity-zone-development-capital","status":"publish","type":"post","link":"https:\/\/fcpdc.com\/fcp-announces-availability-of-opportunity-zone-development-capital\/","title":{"rendered":"FCP ANNOUNCES AVAILABILITY OF OPPORTUNITY ZONE FUND DEVELOPMENT CAPITAL"},"content":{"rendered":"

FCP\u2120 today announced that it will offer development capital for assets in and adjacent to federally designated Opportunity Zones throughout the East Coast and Texas. The firm will offer bridge capital to option, entitle, buy, renovate and\/or build multifamily, commercial or mixed-use assets within those zones. Credit support, development expertise, mezzanine\/preferred equity and long-term capital will also be available from FCP, who are seeking deals with asset values at $25 million and up.<\/p>\n

\u201cWe believe the Opportunity Zone program is a catalytic tax initiative that will drive development and provide a benefit to the greater community,\u201d said FCP Senior Vice President, Jason Ward. \u201cWe want to provide capital and development expertise to help execute these investments.\u201d<\/p>\n

Interested parties can contact FCP through:
\n\u2022 Jason Ward at jward@fcpdc.com<\/a> \u2013 Head of Multifamily Development
\n\u2022 Alex Cathcart at acathcart@fcpdc.com<\/a> \u2013 Southeast Markets
\n\u2022 Billy Herbert at bherbert@fcpdc.com<\/a> \u2013 Mid-Atlantic Markets
\n\u2022 Bruce Gago at bgago@fcpdc.com<\/a> \u2013 Florida Markets
\n\u2022 Stuart Dryden at sdryden@fcpdc.com<\/a> – Associate<\/p>\n

About FCP
\nFCP\u2120 is a privately held real estate investment company that has invested in or financed more than $6 billion in assets since its founding in 1999. FCP invests directly and with operating partners in commercial and residential assets. The firm makes equity and mezzanine investments in income- producing and development properties. Based in Chevy Chase, MD, FCP invests both its commingled, discretionary funds and separate accounts targeted at major real estate markets in the United States. For further information on FCP, please visit www.fcpdc.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

FCP\u2120 today announced that it will offer development capital for assets in and adjacent to federally designated Opportunity Zones throughout the East Coast and Texas. The firm will offer bridge capital to option, entitle, buy, renovate and\/or build multifamily, commercial … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":1187,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64,65,66,84],"tags":[76,80,81,82,83,85,86],"class_list":["post-1317","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-multifamily","category-commercial","category-ozfc","tag-redevelopment","tag-cre","tag-commercial-real-estate","tag-private-equity","tag-fund","tag-ozfc","tag-opportunity-fund"],"_links":{"self":[{"href":"https:\/\/fcpdc.com\/wp-json\/wp\/v2\/posts\/1317","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fcpdc.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fcpdc.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fcpdc.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/fcpdc.com\/wp-json\/wp\/v2\/comments?post=1317"}],"version-history":[{"count":0,"href":"https:\/\/fcpdc.com\/wp-json\/wp\/v2\/posts\/1317\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fcpdc.com\/wp-json\/wp\/v2\/media\/1187"}],"wp:attachment":[{"href":"https:\/\/fcpdc.com\/wp-json\/wp\/v2\/media?parent=1317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fcpdc.com\/wp-json\/wp\/v2\/categories?post=1317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fcpdc.com\/wp-json\/wp\/v2\/tags?post=1317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}