Axis Apartments
Papillion, NE
Acquired: April 2024
Asset Type: Multifamily
YOC: 2021-2023
320 units
The Flats at Dunlap
aka Hickory Ridge Apartments
Peoria, IL
Acquired: May 2022
Asset Type: Multifamily
YOC: 1978
204 units
Purchase Price: $15M
The Meridia Apartments and Birdcage Garage
Tulsa, OK
Acquired: Feb 2022
Asset Type: Multifamily
YOC: 2017
93 units
Purchase Price: $27.25M
District at 6th
Des Moines, IA
Acquired: Oct 2021
Asset Type: Multifamily
YOC: 2020
213 units
Purchase Price: $40.75M
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
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Avalon Springs
Louisville, KY
Acquired: April 2020
Asset Type: Multifamily
YOC: 2018
141 units
Purchase Price: $22.0M
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Landon Creek
Greensboro, NC
Acquired: February 2020
Asset Type: Multifamily
YOC: 2019
72 units
Purchase Price: $8.7M
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The Bricks Waukee East
Waukee, IA
Acquired: December 2019
Asset Type: Multifamily
YOC: 2017
216 units
Purchase Price: $25M
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Old Mill Townhomes
Lynchburg, VA
Acquired: July 2019
Asset Type: Multifamily
YOC: 1975
156 units
Purchase Price: $10.75M
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Northridge Village Apartments
Roanoke, VA
Acquired: January 2019
Asset type: Multifamily
YOC: 1970
174 units
Purchase Price: $11.45M
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The Cove at Peter’s Creek
Roanoke, VA
Acquired: January 2019
Asset type: Multifamily
YOC: 1974
60 units
Purchase Price: $2.4M
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Aspire Townhomes
West Des Moines, IA
Acquired: December 2018
Asset type: Multifamily
YOC: 2017-18
222 units
Purchase Price: $40.25M
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Foot of the Mountain Motel
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
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 Grant Building
The Argyle Apartments
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%