Since its launch in 2016, FMC has capitalized over $500M worth of real estate, including over 2,700 multifamily units and 130,000 commercial square feet, raising over $140M of equity in the process.

Scenic Woods

The Flats at Dunlap
aka Hickory Ridge Apartments

Peoria, IL
Acquired: May 2022
Asset Type: Multifamily
YOC: 1978
204 units
Purchase Price: $15M

View Property

Scenic Woods

The Meridia Apartments and Birdcage Garage

Tulsa, OK
Acquired: Feb 2022
Asset Type: Multifamily
YOC: 2017
93 units
Purchase Price: $27.25M

Scenic Woods

District at 6th

Des Moines, IA
Acquired: Oct 2021
Asset Type: Multifamily
YOC: 2020
213 units
Purchase Price: $40.75M

Scenic Woods

Scenic Woods

Manhattan, KS
Acquired: July 2021
Asset Type: Multifamily
YOC: 2012
144 units
Purchase Price: $14.75M

River’s Edge at Manchester

Richmond, VA
Acquired: April 2021
Asset Type: Multifamily
YOC: 2018
212 units
Purchase Price: $47.5M
View Property

Avalon Springs

Louisville, KY
Acquired: April 2020
Asset Type: Multifamily
YOC: 2018
141 units
Purchase Price: $22.0M
View Property

Landon Creek

Greensboro, NC
Acquired: February 2020
Asset Type: Multifamily
YOC: 2019
72 units
Purchase Price: $8.7M
View Property

The Bricks Waukee East

Waukee, IA
Acquired: December 2019
Asset Type: Multifamily
YOC: 2017
216 units
Purchase Price: $25M
View Property

Old Mill Townhomes

Lynchburg, VA
Acquired: July 2019
Asset Type: Multifamily
YOC: 1975
156 units
Purchase Price: $10.75M
View Property

Northridge Village Apartments

Roanoke, VA
Acquired: January 2019
Asset type: Multifamily
YOC: 1970
174 units
Purchase Price: $11.45M
View Property

The Cove at Peter’s Creek

Roanoke, VA
Acquired: January 2019
Asset type: Multifamily
YOC: 1974
60 units
Purchase Price: $2.4M
View Property

Aspire Townhomes

West Des Moines, IA
Acquired: December 2018
Asset type: Multifamily
YOC: 2017-18
222 units
Purchase Price: $40.25M
View Property

Foot of the Mountain Motel

Boulder, CO
Acquired: December 2017
Asset type: Hospitality
YOC: 1934 (Renovated in 2014)
20 rooms
Purchase Price: $3.75M

Laurel Pines Apartments

Richmond, VA
Acquired: March 2017
Purchase Price: $10.56M
Asset Type: Multifamily
YOC: 1988
120 units
Sold: January 2023
Exit Price: $21.0M
Deal Level IRR (realized): 29.6%

Frontier Apartments

Roanoke, VA
Acquired: March 2017
Purchase Price: $10M
Asset type: Multifamily
YOC: 1972
182 units
Sold: December 2020
Exit Price: $17.25M
Deal Level IRR (realized): 39.5%

The Argyle Apartments

Fort Collins, CO
Acquired: September 2016
Purchase Price: $52.25M
Asset type: Multifamily
YOC: 1999
280 units
Sold: March 2019
Exit Price: $63.5M
Deal Level IRR (realized): 26.0%

The Grant Building

Atlanta, GA
Acquired: September 2017
Purchase Price: $7.9M
Asset type: Office
YOC: 1898
130,000sf
Sold: August 2019
Exit Price: $13.6M

FMC Principals Prior Transactions

Straight Creek Apartments

Straight Creek Apartments
Dillon, CO
Acquired: July 2015
Purchase Price: $10.0M
Asset type: Multifamily
YOC: 1971
79 units
Sold: November 2020
Exit Price: $22.25M
Deal-Level IRR (realized): 31.3%

The Lafayette

Denver, CO
Acquired: February 2016
Purchase Price: $6.45M
Asset type: Multifamily
YOC: 1909 (Renovated in 2016-17)
41 units
Sold: May 2018
Exit Price: $9.53M
Deal-Level IRR (realized): 33.4%

Z53 Apartments (formerly Cielo Vista)

Denver, CO
Acquired: January 2016
Purchase Price: $5.65M
Asset type: Multifamily
YOC: 1973
54 units
Sold: July 2019
Exit Price: $9.65M
Deal Level IRR (realized): 33.5%