River Trace is located adjacent to neighborhood shopping centers anchored by a Publix and a Lifetime Fitness. Walking distance to the Chattahoochee River, River Trace has a full array of amenities that includes a clubhouse with a fitness center overlooking the property's lake, a pool, a playground, a picnic area and a laundry center. The one, two, three and four bedroom apartments are characterized by exceptionally large floor plans, full size washer and dryer connections, and private balconies and patios.
FCP extends its appreciation to Shea Campbell and CBRE for their representation of the seller.
About Federal Capital Partners
Federal Capital Partners (FCP) is a privately held real estate investment company that has invested in or financed more than $4.0 billion in assets since its founding in 1999. FCP invests in all asset classes and provides equity, preferred equity and structured debt investments for commercial and residential real estate. The firm, based in Chevy Chase, MD, owns and manages in excess of $2.3 billion in assets. FCP is currently investing its third investment fund, a recently closed commingled, discretionary fund targeted at real estate markets on the East Coast of the United States. For further information on FCP, please visit www.fcpdc.com.
Logo - http://photos.prnewswire.com/prnh/20110624/DC25751LOGO-b
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/federal-capital-partners-acquires-312-unit-apartment-community-in-roswell-ga-for-295-million-300319931.html
SOURCE Federal Capital Partners