FCP\u00ae announces the $20.0 million acquisition of Brookview Apartments, a 216-unit apartment community in Douglasville, GA. The acquisition marks FCP\u2019s 19th investment in Atlanta and the firm\u2019s third investment in the Douglasville submarket.<\/p>\n
\u201cBrookview fits well within FCP\u2019s growing west Atlanta portfolio which has seen the addition of eight assets since 2019,\u201d said FCP\u2019s Michael Errichetti<\/strong><\/a>. Errichetti continued, \u201cThe property is proximate to west Atlanta\u2019s large industrial and logistics market, which has seen tremendous growth over the past few years.\u201d<\/p>\n The community is located at 8460 Hospital Drive in Douglasville, minutes from FCP-owned Stewarts Mill and Place at Midway. The community features one, two and three-bedroom family friendly floorplans with community amenities that include a grilling area, dog park, playground, pool and business center. Residents have access to a handful of retail amenities in the immediate neighborhood, including a walkable Kroger across the street.<\/p>\n FCP extends its appreciation to Chris Lyon and the Cushman & Wakefield Southeast Multifamily Advisory Group for their representation.<\/p>\n About FCP FCP\u00ae announces the $20.0 million acquisition of Brookview Apartments, a 216-unit apartment community in Douglasville, GA. The acquisition marks FCP\u2019s 19th investment in Atlanta and the firm\u2019s third investment in the Douglasville submarket. \u201cBrookview fits well within FCP\u2019s growing west … Continue reading
\nFCP\u00ae is a privately held real estate investment company that has invested in or financed more than $8.3 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.<\/p>\n","protected":false},"excerpt":{"rendered":"