FCP® announces the acquisition of Wyndcliff Apartments, a 380-unit apartment community in Smyrna, GA. The acquisition marks FCP’s 20th investment in Atlanta.
“This acquisition expands FCP’s presence in Atlanta and complements our existing portfolio,” said FCP’s Michael Errichetti. Errichetti continued, “Wyndcliff is in the heart of Cumberland, a dynamic urban node of Atlanta with over 100,000 jobs and 9 million square feet of retail centered around the Battery, anchored by Truist Park.”
Wyndcliff Apartments is located at 2350 Cobb Parkway SE one mile from the I75/I285 interchange, providing residents with easy access to major employment hubs throughout the Atlanta metro area. The community features one, two and three-bedroom family friendly floorplans with energy efficient appliances, private balconies/patios, wood-style plank flooring, pool, fitness center, playground and a dog park.
FCP extends its appreciation to Keith Geiger of CBRE Atlanta Investment Sales for his representation of the seller.
FCP® is a privately held real estate investment company that has invested in or financed more than $8.6 billion in assets since its founding in 1999. FCP invests directly and with operating partners in commercial and residential assets. The firm makes equity and mezzanine investments in income-producing and development properties. Based in Chevy Chase, MD, FCP invests both its commingled, discretionary funds and separate accounts targeted at major real estate markets in the United States. For further information on FCP, please visit www.fcpdc.com.