FCA Enters Texas Multifamily Market

TACOMA, Wash.–Lowe Enterprises Investors (“LEI”), in joint venture with First Capital Advisors (“FCA”), has acquired the Deer Creek Apartment Homes, a 256-unit apartment community located at 6115 111th Street East in Puyallup, Washington near Tacoma. The 18-acre, 21-building garden-style property was built in 2000. Read More

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…

AUSTIN—Wheaton, IL-based First Capital Advisors LLC is expanding into the Austin market. “Opening our first branch office in Austin is a strategic step for our firm,” says Chris Pope, CEO of First Capital Advisors. Read the Full Article>>

First Capital Advisors, LLC (FCA) purchased Silk Factory Lofts in Lansdale, Penn., located just north of Philadelphia, with joint-venture partner Lowe Enterprises Investors. Read the Full Article >>

An investment manager closed on $58.8 million of initial equity last month for an apartment fund. See newsletter: REA080917