Federal Capital Partners (FCP) is pleased to announce that Managing Partner and Co-Founder, Lacy Rice, will participate in the December 9, 2010 First Annual Bisnow Multi-Family Summit at the Renaissance Washington Hotel.
Rice will join a number of experts in three panel sessions, addressing such issues as the current state of the national and regional multifamily markets, which national markets have held up the best in the economic downturn and the availability of capital for new and redeveloped multi-family projects.
Rice manages FCP’s for-sale and for-rent residential acquisitions. Mr. Rice has 23 years of experience in real estate investment and corporate finance and serves on FCP’s Investment Committee. Prior to founding FCP, Mr. Rice was a Principal at The Carlyle Group, where he served on the company’s real estate fund’s Investment Committee.
FCP has acquired or funded close to $1 billion of real estate to date through the company’s FCP Fund I, L.P, a co-mingled real estate private equity fund. The investments include multi-family residential, office and retail real estate in the Mid-Atlantic region.
About Federal Capital Partners
Federal Capital Partners (www.fcpdc.com) is a real estate investment company headquartered in Georgetown in Washington, DC. The Managing Partners include Esko Korhonen, Lacy Rice, Tom Carr and Alex Marshall. Since its inception, FCP has acquired more than $2.0 billion of real estate assets and debt across all property types.
FCP manages FCP Fund I, L.P., a $240 million co-mingled real estate private equity fund formed to invest in multiple real estate sectors in the Mid-Atlantic region, with a focus on the metro Washington DC area. The Fund is able to provide both debt and equity capital as needed for real estate investments in the market.