CHEVY CHASE, Md., March 4, 2025 /PRNewswire/ -- FCP continues its expansion in Florida with the acquisition of ARIUM Sunrise, a 400-unit multifamily community in Sunrise, FL. The acquisition, completed in partnership with BMC Investments and The RMR Group, reinforces FCP's commitment to investing in high-growth markets and unlocking value in well-located assets.

"We believe Broward County remains one of Florida's fastest-growing regions, and our recent investments highlight our commitment to securing well-positioned assets in this key market," said Bruce Gago, Senior Vice President at FCP and head of the company's Florida investments. "We look forward to once again partnering with BMC and collaborating with RMR with the goal of enhancing ARIUM Sunrise Apartments and while providing residents with a quality living experience."

Built in 1998, ARIUM Sunrise Apartments currently boasts a 94% occupancy rate and offers an array of amenities, including a swimming pool, clubhouse, and fitness center. FCP and its partners plan to upgrade approximately 8% (32 units) of the apartments that remain in their original condition, ensuring the community continues to meet evolving resident expectations. The property is situated near popular local attractions like Sawgrass Mills Mall and Amerant Bank Arena, providing convenient access to shopping, dining, and entertainment options.

Wells Fargo provided financing for the acquisition.

FCP extends its appreciation to Robert Given and Zachary Sackley of CBRE, who represented the seller, and Charles Crapse and Denny St. Romain of CBRE, who sourced the acquisition loan.

"We believe FCP's ability to close deals like ARIUM Sunrise in today's market speaks to our depth of conviction and broad strategic partnerships," Gago added. "We're not just active—we're growing, and we're ready to deploy more capital into the right opportunities."

About FCP
FCP is a privately held real estate investment company that has invested in or financed more than $13.1 billion in assets since its founding in 1999. FCP invests directly and with operating partners in commercial and residential assets. The firm makes equity investments in income-producing and development properties. Based in Chevy Chase, MD, FCP invests both its commingled, discretionary funds and separate accounts targeted at major real estate markets in the United States. For further information on FCP, please visit .

About BMC Investments
BMC Investments is a highly disciplined, vertically integrated real estate investment firm generating industry-leading returns through acquisition, development and management of various property types throughout the U.S. BMC focuses its investment strategy on creating long-term value in its assets and generating strong risk-adjusted returns. The company is able to outperform its peers by procuring attractive investments in its areas of focus; utilizing a measured and disciplined investment process with rigorous focus on risk management; leveraging best-in-class operating systems and processes; and attracting, retaining and developing great people. To learn more, visit .

About The RMR Group
The RMR Group is a leading U.S. alternative asset management company, unique for its focus on commercial real estate (CRE) and related businesses. RMR's vertical integration is supported by over 1,000 real estate professionals in more than 35 offices nationwide who manage over $40 billion in assets under management and leverage more than 35 years of institutional experience in buying, selling, financing and operating CRE. RMR benefits from a scalable platform, a deep and experienced management team and a diversity of direct real estate strategies across its clients. RMR is headquartered in Newton, MA and was founded in 1986. For more information, please visit .

RMR Residential, which is part of The RMR Group, is a vertically integrated multifamily platform with a portfolio of approximately 20,000 units across the U.S. Sunbelt. Its renter-facing brand, ARIUM, provides a unique on-site resident experience, strong digital presence and a streamlined lead management process to deliver increased leasing demand.

SOURCE FCP