FCA Completes Third Joint Venture with Embree
Third joint venture development is for a site in Corpus Christi, TX
WHEATON, Ill. – First Capital Advisors, LLC (FCA) announced today that the company has funded their third joint venture development with Embree Asset Group.
The development is a for an H&E Equipment Rental site in Corpus Christi, Texas.
The joint venture is the third deal FCA and Embree have entered into this year. The other two deal are a Dollar General site in Tehachapi, California, and a Fresenius Medical building in Greeley, Colorado.
“We think these deals diversify our investors,” said Chris Pope, Principal at FCA, “So not only are we acquiring property, we are funding the construction as well.”
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.