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 grow our firm through acquisitions statewide.”
Heading up the Austin office is Andrew Cone, Multifamily Acquisitions & Asset Manager – Southern Region. Andrew brings with him over 6 years of experience in commercial real estate and asset management. He will be responsible for the growth of multifamily acquisitions across Texas, managing our current southern multifamily portfolio, as well as asset managing our retail center.
“We are excited to have Andrew join the team,” said Pope. “We feel that he brings both the type of experience and energy that FCA is looking for to lead our team in Austin.”
First Capital Advisors, LLC is a fully integrated, self-administered and self-managed real estate investment firm focusing on the acquisition, ownership, and management of high quality real estate throughout the United States. Established in 2013, FCA is an affiliate of First Trust Portfolios L.P., a financial services firm founded in 1991. As of Q4 2015, FCA owns, operates, and is invested in over 3,300 apartment units, more than 51,000 square feet of retail space, and 364,000 square feet of industrial space in 11 states. Additional information about First Capital Advisors can be found at the company’s website at fca-grp.com.