New Position Establishes South Florida Office as FCP Continues to Expand in Southeastern Markets
Federal Capital Partners® (FCP) welcomes Bruce Gago as Vice President – Acquisitions, a newly created position that will establish a South Florida office and assigns a dedicated leader in a rapidly expanding market for the firm. Gago will source multifamily investments and will also work closely with the company’s commercial and structured investment teams on transactions in those sectors.
“After entering the Florida market with investments in Tampa and Orlando in 2016, FCP intends to increase its activity across the state, with particular focus on South Florida,” said FCP Managing Partner, Alex Marshall. “We look forward to Bruce’s leadership in South Florida and are excited about opening our third office in addition to Washington, DC and Raleigh/Durham.”
“Bruce brings tremendous experience from his prior work at Mast Capital, the Carlyle Group and JLL that, along with his professionalism and insight into the South Florida market, will greatly expand our reach,” said Federal Capital Partners Vice President – Structured Investments, Jason Ward, who oversees the company’s Florida business plan. “Bringing Bruce on to the team demonstrates our long-term commitment to investing in Florida, where we continue to see strong demographic and economic growth in multiple markets.”
Gago joins FCP after serving as Vice President for Acquisitions and Underwriting at Mast Capital in Miami Beach, FL. While there, he was a key contributor to the firm’s first fund raise and managed investment sourcing activities for the firm. He oversaw the underwriting and acquisition of several key investments including a one-acre site on the Coconut Grove waterfront for the development of a luxury condominium community; Treasures on the Bay, a fractured condominium acquisition; and Louver House, a boutique highend luxury condominium development site. Prior to Mast Capital, Gago worked in several other leading commercial real estate firms, including JLL and The Carlyle Group, where he managed a portfolio of 17 investments in multiple regions. Gago holds an MBA from Harvard Business School and a BA from Dartmouth College.
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 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 in the Eastern United States. For further information on FCP, please visit www.fcpdc.com