Press Releases

FCA Closed on the Sale of Establishment in Austin, Texas

WHEATON, Ill., (August 30, 2019) – First Capital Advisors, LLC (FCA) has recently acquired a 1970s vintage, garden style apartment complex located in Central Austin, Texas. “With the purchase of the Establishment apartment complex in Austin, FCA has now entered into another major Texas Market,” said Chris Pope, CEO of First Capital Advisors. “We have been attempting to break into the Austin market for quite some time. The purchase of Establishment has accomplished that and offers us the opportunity to …
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FCA Welcomes New Marketing Communication Specialist

WHEATON, Ill., (August 29, 2019) – First Capital Advisors, LLC (FCA) is pleased to announce the recent hire of Ashley Chex who joins the team as our Marketing Communication Specialist. Ashley will be responsible for providing marketing and administrative support to FCA. She will be in charge of coordinating advertising, press releases, and marketing efforts, which will include overseeing tasks such as website maintenance, ensuring a cohesive brand image on social media, and creation of advertising materials. “I am very …
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First Capital Advisors Revamps Website

WHEATON, Ill., (January 2, 2019) – First Capital Advisors, LLC (FCA) announced today the launch of its newly revamped website at https://www.fca-grp.com. The new website design has a more modern look, enhanced content and illustrates FCA’s business strategy. Visitors will notice more visually appealing content, easy navigation and features a responsive design that makes for optimal viewing on any device. The new layout also features an overhaul of our portfolio page, making it more streamlined to see all of our …
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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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