Investments


As FCP's successes and profits grew, FCP began to diversify into other commercial properties as a third party investor. These investments serve to alleviate the cyclical nature of FCP's primary business of condominium conversions while continuing to build the Firm's retained earnings. Investment property types include hospitality, retail, office, and land held for development. Risk tolerances range from core plus to value add and ground up development. In value add and ground up development of commercial properties, FCP will usually partner with an operator who has a strong track record in the property type.

A brief description of FCP current investments follows

Hotels


In partnership with select nationally recognized sponsors, FCP owns partnership interest in seven Hotels located in Texas, North Carolina, Tennessee, Arizona and Florida.

Operating
Renaissance Hotel – Raleigh, NC – 229 rooms
Courtyard – San Antonio, TX – 120 rooms
Residence Inn – San Antonio, TX – 140 rooms
Residence Inn – Pompano Beach, FL – 88 rooms
Courtyard – Knoxville, TN – 124 rooms
Hyatt Place – Miami, FL – 130 rooms
Sheraton 4 Points – Kingston, Canada – 171 rooms
Inter-Continental – Kansas City, MO – 366 rooms
Courtyard – Raleigh, NC – 109 rooms

Under Construction
Hyatt House – Raleigh, NC – 137 rooms
Courtyard – Knoxville, TN – 134 rooms

Hotel Land – not under construction
Chandler, AZ

Kendall Plaza 124, Llc

8530 SW 124th Avenue
Miami, Florida 33183

Kendall Plaza 124, LLC (the "Project") is a Class "A-" commercial building in Kendall community located at Kendall Drive and SW 124th Avenue next to the Florida Turnpike right off and Kendall Drive 88th Street.

The Project was constructed in 2008 and is a commercial 2 story facility with gross leasable square footage of 15,575 SF and 120 parking spots and 40 adjacent for overflow. The Landscaping is Tropical Trees and Shrubbery with Grade Level topography. The construction is reinforced concrete footing, and painted concrete block with stucco.

GRAN VISTA AT DORAL THE MARQUESA ISLES AT LAGO MAR VISTA LAGO AT THE HAMMOCKS SOLESTE WEST GABLES SOLESTE WEST GABLES II SOLESTE PRADO THE IVY, SAN JOSE COSTA RICA GRAND PALMS The Ivy at Clematis COMPLETED PROJECT LIST HOTELS