sale of four apartment communities to Federal Capital Partners
Baird served as exclusive financial advisor to Middleburg.
AboutMiddleburg Real Estate Partners (“Middleburg”) recently completed the sale of four apartment communities to Federal Capital Partners (“FCP”). The Properties consist of 1,448 units located in Nashville, Tennessee. This $90 million joint venture with Middleburg will be FCP’s first investment in Nashville, Tennessee. Middleburg will continue to manage the properties.
The four apartment communities, Mission Stone Ridge, Mission Hickory Highlands, Mission Priest Lake and Mission Madison Square are located within close distance to downtown Nashville, job centers and retail shopping centers. The apartments are situated in suburban areas that are family friendly and feature one-, two- and three bedroom homes.
Middleburg Real Estate Partners is a fully integrated investment, development and management firm specializing in quality multifamily apartment communities in high-growth markets in the mid-Atlantic and southeastern United States. Middleburg Real Estate Partners is based in Fairfax, Virginia.
FCP is a privately held real estate investment company that has invested in or financed more than $4.0 billion in assets since its founding in 1999. FCP invests in all asset classes and provides equity, preferred equity and structured debt investments for commercial and residential real estate. FCP is based in Chevy Chase, Maryland and owns and manages in excess of $2.3 billion in assets.
For additional information about this transaction, please contact:
- September 2015
- Middleburg Real Estate Partners
- Real Estate
- Target Location
- North America
- Acquiror Location
- North America