FCP® has named Garland Faist and Jason Bonderenko as Partners of the firm.
“FCP is incredibly privileged to have Garland and Jason join myself and Managing Partners Esko Korhonen and Alex Marshall as Partners in the firm,” said FCP Managing Partner, Lacy Rice. “They not only demonstrate industry-leading talent but exemplify the culture, discipline and strategic thinking that are innate to the company.”
Garland Faist is FCP’s Chief Operating Officer and serves on FCP’s Executive Management team and Investment Committee. Garland is responsible for directing the finance and reporting, accounting, human resources and the tax and financial operations of FCP’s management companies and partnerships. Prior to joining FCP, Garland was Vice President – Corporate Controller for The Mills Corporation (formerly NYSE:MLS) which owned and managed retail and entertainment centers throughout the United States, Canada and Europe. Prior to The Mills Corporation, he was a senior manager with the international accounting firm, KPMG LLP. Garland is a Certified Public Accountant and graduated with a BS in Accounting from Virginia Tech.
Jason Bonderenko serves on FCP’s Executive Management team and Investment Committee, leads FCP’s multifamily acquisitions platform and directed the company’s expansion into many of its markets. Since joining FCP more than a decade ago, he has been involved with acquiring or investing in approximately 30,000 apartments valued at over $4.0 billion as well as with the investing of all four of FCP’s real estate funds. Prior to joining FCP, Jason worked with the Capital Markets group of CB Richard Ellis, where he was involved with financing $3 billion of commercial real estate transactions. He began his career with a mortgage REIT, where he focused on the asset management of lender-owned commercial real estate and non-performing commercial real estate loans. Jason is a member of the National Multi-Housing Council and a graduate of Ithaca College, where he earned a BS in Economics.
About FCP
FCP® is a privately held real estate investment company that has invested in or financed more than $8.3 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 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.
