FCA closed on its first multi-family asset in partnership with Adams LaSalle Realty
WHEATON, Ill. – First Capital Advisors, LLC (FCA) announced today that the company has closed on its first multi-family asset in Corpus Christi, Texas. The acquisition was acquired through a strategic partnership with Adams LaSalle Realty.
The 252-unit complex was built in 1998 and is located at 6225 Saratoga Boulevard.
The property is the first acquisition FCA has completed in their partnership with Adams LaSalle Realty.
“We are very bullish on Corpus Christi and the apartment market in Texas,” said Chris Pope, Principal at FCA, “And when we had an opportunity to acquire a high-quality asset in a target market, we seized the opportunity.”
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. First Capital is an affiliate of First Trust Portfolios L.P., a financial services firm founded in 1991. Additional information about First Capital Advisors can be found at the company’s website at fca-grp.com.