Mr. Korhonen continued, "FCP's active investment pace is, in large part, due to our ability to move quickly in markets where we have deep knowledge and established relationships. We have a proven track record closing complex transactions, in particular those that have a need for redevelopment and repositioning to fully achieve value. Our access to fully discretionary capital also allows for the flexibility to invest throughout the capital stack as equity, preferred equity, mezzanine debt or any combination of the above."
FCP would like to acknowledge and thank Lazard for their assistance with the FCP Realty Fund III, L.P. fundraise.
About Federal Capital Partners
Federal Capital Partners (FCP) is a privately held real estate investment company that has invested in or financed more than $5.0 billion in assets since its founding in 1999. FCP is seeking debt and equity investments in commercial and residential real estate throughout the Eastern U.S. FCP buys assets directly as well as through joint ventures with local operating partners through equity, preferred equity or mezzanine debt investments. The firm, based in Chevy Chase, MD, is currently investing its $512.1 million fund. For further information on FCP, please visit www.fcpdc.com.
Media Contact: Karen Widmayer
KW Communications, LLC
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-closes-512-million-fcp-realty-fund-iii-lp-300344940.html
SOURCE Federal Capital Partners