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FCP Buys Sunrise, Fla., Apartments for $90Mln
FCP has bought Arium Sunrise, a 400-unit apartment complex in Sunrise, Fla., for $90 million, or $225,000/unit. The Chevy Chase, Md., investment manager bought the property from a venture of PCCP LLC and RMR Group. PCCP, in a venture with the ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
