FCP® Founding Managing Partner, Lacy Rice, will join a panel of leading investors and finance firms speaking at the Bisnow DC Region Finance and Deal-Making Summit on December 8th, 2022 at Reston Metro Plaza in Reston, VA. Registration is available here.
Founding partner Lacy Rice has 38 years of experience in real estate and corporate finance. Prior to co-founding FCP, Mr. Rice was a Principal at The Carlyle Group, where he and Mr. Korhonen helped raise and invest Carlyle’s first real estate private equity fund ($457 million). Mr. Rice also served on the fund’s Investment Committee. Prior to joining Carlyle, Mr. Rice was a member of the Investment Banking Group at Alex. Brown & Sons, where he was involved in $2.5 billion of real estate M&A and underwriting transactions. Mr. Rice also developed residential communities as a Principal at Haas & Hayne Corporation and structured and closed loans, private placements, and interest rate swaps as a Corporate Account Officer at Chemical Bank. Mr. Rice serves on the boards of United Bankshares, Inc. (NASDQ: USBI) and The Boys and Girls Clubs of Greater Washington and is the NMHC Workforce Housing Committee Lead. He has served as Board Chairperson of American Community Properties Trust (NYSE AMEX: APO) and as a member of the Shepherd University Board of Governors, the WV Economic Development Authority Board, the BB&T D.C. Advisory Board, and the Mercersburg Academy Alumni Council. Mr. Rice received a Masters of Business Administration degree from Harvard Business School and a Bachelor of Arts degree from Princeton University.
FCP® is a privately held real estate investment company that has invested in or financed more than $9.3 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 structured 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.