Chevy Chase, MD

FEDERAL CAPITAL PARTNERS ANNOUNCES NEW HIRES IN ACCOUNTING/FINANCE AND ACQUISITIONS


Federal Capital Partners (FCP) has announced the appointment of Alec Rife as Assistant Controller and Erik S. Weinberg as Senior Associate – Commercial Acquisitions.

Alec Rife is responsible for fund-related accounting and provides accounting support for FCP’s investor clients. Before joining FCP, Mr. Rife served as an Accounting Manager at Combined Properties Incorporated. Mr. Rife is a Certified Public Accountant candidate.

Erik Weinberg focuses on the acquisition of new office, retail, and industrial investments. Prior to joining FCP, Mr. Weinberg was a Senior Associate with CW Capital, where he was responsible for negotiating, modeling and closing workouts and/or dispositions of distressed commercial mortgage loans and properties aggregating in excess of $3 billion. Prior to joining CW Capital, Mr. Weinberg was an Associate within the Capital Markets Group at Cassidy Turley in Washington, DC. Mr. Weinberg began his career as a Senior Financial Analyst at BearingPoint, Inc. in its Financial Services Group.

 

About Federal Capital Partners

Federal Capital Partners (FCP), based in the Washington, DC metropolitan area, is a privately held real estate investment company that has acquired interests in more than $3 billion in assets since 2003. FCP invests in commercial and multi-family assets throughout the Mid-Atlantic region, including Washington, DC, Baltimore, Philadelphia, the Virginia Tidewater region and the Carolinas. FCP currently manages a portfolio of approximately $2 billion in real estate assets throughout those markets. FCP’s managing partners are Tom Carr, Esko Korhonen, Alex Marshall and Lacy Rice.

Through its discretionary co-mingled private equity funds, FCP invests directly in core-plus, value-add, opportunistic and development properties. In addition, FCP provides both equity and debt capital to real estate operating partners. The company is aggressively seeking office, residential (for sale and for rent), industrial and retail investments in all of its target markets. For further information on FCP, please visit www.fcpdc.com