FCP Expands Florida Portfolio with Acquisition of 220-Unit Avana Cypress Creek Apartment Community in North Lauderdale Market
FORT LAUDERDALE, FL - FCP announced the acquisition of Avana Cypress Creek Apartments at 1700 South State Road 7 in North Lauderdale, FL. The 220-u...
FORT LAUDERDALE, FL - FCP announced the acquisition of Avana Cypress Creek Apartments at 1700 South State Road 7 in North Lauderdale, FL. The 220-unit, Class A community was built in 2009 and consists of predominantly two- and three-bedroom units with the majority of the units having direct access garages. FCP will assume an existing Fannie Mae loan. "Avana Cypress Creek adds a very well-located Broward County asset to FCP's Florida portfolio, now totaling nearly 6,000 units," said FCP's Bruce Gago, who heads the firm's Florida office.