Press Releases

First Capital Advisors Sells Half of Assets in Fund I and Launches Real Estate Fund II

First Capital Advisors Sells Half of Assets in Fund I and Launches Real Estate Fund II WHEATON, Ill., (August 1, 2018) – First Capital Advisors, LLC (FCA) has sold five of the 10 assets in First Capital Advisors Multi-Family Real Estate Fund, LP (the “Fund”)  in just over a year achieving a 25.5% property-level Internal Rate of Return (IRR) on realized investments. “The strong performance of Fund one is attributable to having in depth knowledge of the market, finding strategically …
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FCA Invests Into Midwest Industrial Fund

WHEATON, Ill., (January 11, 2018) – First Capital Advisors, LLC (FCA) has invested into Midwest Industrial Fund (MIF) Value Fund II that will purchase over $100 million worth of industrial properties over the next few years. The fund is projected to close on its first property this week- a single-tenant headquarters type property located in Lake Zurich, IL. Midwest Industrial Funds, Inc. is an industrial real estate investments, development, asset management, and advisory company that has acquired of developed over …
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FCA Expands Team with the Hire of Real Estate Analyst

WHEATON, Ill., (December 12, 2017) – First Capital Advisors, LLC (FCA) is pleased to announce the recent hire of Daniel Ruzich who joins the team as a Real Estate Analyst Dan will be responsible for supporting the Multifamily Acquisitions & Asset Manager in financial analysis of acquisition and existing assets, property management, and contribute to the creation of summary reports as well as investment memos. He will also be in charge of searching and reviewing new possible acquisitions in our …
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FCA Announces New Director of Capital Markets Hire

Michael O’Shea brings over 10 years of experience in capital raising and investor relations to First Capital Advisors. WHEATON, Ill., (October 30, 2017) – First Capital Advisors, LLC (FCA) announced today that Michael O’Shea has joined the firm as the Director of Capital Markets. He will be responsible for implementation and development of the capital markets division. “We are excited to have Mike join our team,” said Chris Pope, CEO at FCA. “Mike brings with him a wealth of experience …
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FCA Announces Disposition of 84-Unit, Value-Add Property in Suburban Chicago

WHEATON, Ill., (July 28, 2017) – First Capital Advisors, LLC (FCA) announced the disposition of Clarendon Arms Apartments, an 84-unit, value-add property located in the highly desirable Chicago suburb of Clarendon Hills, Illinois. “This was our company’s first sale of a solely managed multi-family property,” said Chris Pope, CEO of First Capital Advisors. “The value-add program, phenomenal school districts, and easy access to downtown made Clarendon Arms an attractive investment to buyers.” Clarendon Arms Apartments was acquired in January 2015. …
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FCA Closed on the Sale of Victorian Quarters at Team Ranch in Texas

WHEATON, Ill., (January 14, 2016) – First Capital Advisors, LLC (FCA) purchased Victorian Quarters at Team Ranch in Benbrook, Texas, with joint-venture partner Adams LaSalle Realty. “Finding such a unique apartment complex in the Fort Worth area adds another region to our Texas multifamily portfolio,” said Chris Pope, CEO of First Capital Advisors. Victorian Quarters at Team Ranch is a 248 unit apartment complex located in southwest Fort Worth and is approximately 12 miles from downtown. This multifamily property offers …
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First Capital Advisors Opens First Branch Office in Austin

AUSTIN, Texas, (January 5, 2016) – First Capital Advisors, LLC (FCA) located in the suburbs of Chicago, Ill., is thrilled to announce the expansion of the company by opening its first branch office in Austin, Texas. “Opening our first branch office in Austin is a strategic step for our firm,” said Chris Pope, CEO of First Capital Advisors. “Austin gives us the ability to manage the assets we own throughout Texas more efficiently and, at the same time, continue to …
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First Capital Advisors and Lowe Enterprises Investors Closed on the Sale of Tacoma Area Apartment Homes

WHEATON, Ill., (October 15, 2015) – First Capital Advisors, LLC (FCA) purchased Deer Creek Apartment Homes in Puyallup, Washington, with joint-venture partner Lowe Enterprises Investors (LEI). “The Seattle/Tacoma area is rapidly growing and maintains a very low vacancy rate,” said Chris Pope, CEO of First Capital Advisors. “This is our first multifamily property in Washington and we are excited to expand our portfolio to the West Coast.” Deer Creek Apartment Homes is a 256 unit apartment complex located in Puyallup, …
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FCA Expands Multifamily Portfolio by Closing on Two Florida Apartment Complexes with ApexOne

WHEATON, Ill., (September 4, 2014) – First Capital Advisors, LLC (FCA) closed on the sale of Ashley Club and Arbor Club, both located in Pensacola, Fla., with joint-venture partner ApexOne Investment Partners. “We are very excited to enter the Florida multifamily market as it has long been a target market for us,” said Chris Pope, CEO of First Capital Advisors. “Our joint venture partner, ApexOne has done numerous deals throughout Florida and we look forward to expanding our relationship with …
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FCA Expands Team with the Hire of Property Account Manager and Real Estate Analyst

WHEATON, Ill., (September 1, 2015) – First Capital Advisors, LLC (FCA) announced that the company hired Jeannine Leyden full-time as Property Account Manager in July  and Nicholas McGinn as Real Estate Analyst in August. “Jeannine has worked with my family for over 20 years and has worked as a contractor for FCA since 2014,” said Chris Pope, CEO at FCA. “As FCA has grown, her role has become vital to the success of the company which is why I asked …
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