Daily Market Updates: FCP Trades 260-Unit Atlanta-Area Rental Asset for $55M

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FCP Trades 260-Unit Atlanta-Area Rental Asset for $55M

Reported · Written up by our desk · Residential

Elmington Residential paid $55 million for The Asher at Sugarloaf, a 260-unit multifamily property in Lawrenceville. The company received an $18 million equity investment from American South Capital Partners (ASCP) to acquire the property. FCP was the seller. Built in 2008, The Asher at Sugarloaf offers a mix of affordable and workforce housing consisting of ... The post FCP Trades 260-Unit Atlanta-Area Rental Asset for $55M appeared first on Connect CRE .

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ConnectCREFCP Trades 260-Unit Atlanta-Area Rental Asset for $55M

Real Estate

FCP Trades 260-Unit Atlanta-Area Rental Asset for $55M

More like this

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