FCP's team of real estate professionals is committed to making FCP the Mid-Atlantic's leading real estate operating company. FCP prides itself on the integrity and commitment of its staff and the broad real estate and merchant banking skills of its principals.

FCP was founded in 1999 by Lacy I. Rice and Esko I. Korhonen. Messrs. Rice and Korhonen began investing together in 1997 as Principals at The Carlyle Group. Together, they have been directly responsible for over $8 billion in principal and advisory transactions, including:

• Originating, structuring and closing more than 55 real estate private equity transactions involving more than $3 billion of assets and $1.5 billion of equity.
• Managing more than 10 million square feet of commercial real estate.
• Participating in over $4 billion of advisory transactions.
• Advising and assisting several multi-billion-dollar organizations in establishing and investing real estate private equity.