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FCP Sells Maryland Multifamily to NYC-Based Investment Firm

Last week, FCP announced the $29.5-million acquisition of the Chroma Park, a 210-unit garden-style apartment community located at 2105 Mesa Valley Way in the Atlanta suburb of Austell, GA.

Exterior photo of Walker Mill Apartments. Credit: Jeffrey Sauers of Commercial Photographics, Architectural Photo Artistry Exterior photo of Walker Mill Apartments. Credit: Jeffrey Sauers of Commercial Photographics, Architectural Photo Artistry

FORESTVILLE, MD—FCP of Chevy Chase, MD has sold its Walker Mill Apartments community here to a familiar buyer—middle market investment firm Aulder Capital of New York City.

Last June, Aulder Capital acquired the 170-unit River Pointe Apartments in Fort Washington, MD from FCP for $24.5 million. No financial terms of Aulder’s purchase of the 366-unit Walker Mill Apartments community in Forestville, MD was disclosed.

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John Jordan

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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