We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Arent Fox Guides FCP's $118M Philly Apartment Complex Deal

Law360 (June 14, 2019, 3:48 PM EDT) -- Real estate investment company FCP has acquired a 286-unit luxury high-rise apartment complex in Philadelphia for $117.9 million in a deal guided by Arent Fox LLP that also includes excess land that can be developed, the company said Friday.

FCP said that it bought the building, Edgewater Apartments, from institutional investors that were advised by J.P. Morgan Asset Management, and noted the deal also includes a stand-alone parking garage and a billboard along Interstate 676. The investment is FCP's fourth in Philadelphia's Center City.

"Edgewater presented us with an opportunity to invest in a premier asset in a market in which...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS