Lowe Enterprises Investors and First Capital Advisors Acquire Philadelphia Area Apartment Community

PHILADELPHIA–(BUSINESS WIRE)–Lowe Enterprises Investors (“LEI”), in joint venture with First Capital Advisors (“FCA”), has acquired the Silk Factory Lofts, a 116-unit luxury apartment community located at 200 S. Line Street in Lansdale, Pennsylvania just outside of Philadelphia. The Class A loft-style property was built in 1922 as the Interstate Hosiery Mill and registered as a national historic building shortly before being renovated for multifamily use in 2008.

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