FCP acquires Somerset Apartments for $18m

FCP acquires Somerset Apartments for $18m

Published at: 2019-09-10 16:21 | Author: CIJ USA
FCP paid $18m for Somerset Apartments, a 240-unit residential property in Charlotte, North Carolina. Amenities include a swimming pool and grilling area as well as a sports court and immediate access to public transportation and the LYNX Light Rail Blue Line extension. The deal was completed with a $10.3m Fannie Mae loan. “Somerset Apartments adds to FCP’s portfolio of workforce housing communities, providing residents with one of the

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