FCP, a Chevy Chase, Maryland-headquartered real estate investment firm, has acquired the Alexan Miramar Apartments, a newly constructed 250-unit multifamily community in Miramar, Florida.
The Alexan Miramar offers studio, one-, two-, and three-bedroom apartments, with community amenities including a resort-style saltwater pool, fitness center with rooftop activity deck, shaded 3,000-square-foot dog park, co-working spaces, a creative studio, and green spaces such as a hammock garden overlooking a scenic pond.
The financial terms of the acquisition were not disclosed.
“Alexan Miramar is a strategic addition to FCP’s growing Florida portfolio,” said Bruce Gago, senior vice president at FCP and head of the company’s Florida investments. “In a challenging macro environment, FCP continues to identify and execute on opportunities that align with our commitment to delivering high-quality housing in prime locations. This acquisition underscores our confidence in South Florida’s long-term growth prospects and the demand for market-rate housing near key employment and retail hubs.”