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FCP acquires apartment community with Insight Property Group, AHC for $71m
Transactions - MARCH 25, 2022

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FCP acquires apartment community with Insight Property Group, AHC for $71m

by Released

FCP®, with partners Insight Property Group and AHC, has acquired Camden Largo Town Center apartments in Largo, Maryland, for $71.9 million. The 245-unit community at 9701 Summit Circle will be rebranded Haven Largo.

“FCP is excited to continue investing in our home market with the acquisition of a well-maintained and high-performing asset in one of the top submarkets in suburban Maryland,” said Scott Reibstein of FCP. “As part of our commitment to the preservation of moderately priced apartment communities in the Washington, D.C., region, we plan to offer resident services and implement affordability requirements to a portion of the units.”

Said Tim White, Partner at Insight Property Group, “Insight is thrilled to partner with Prince George’s County, AHC and FCP on this acquisition, where we will be able to create much-needed affordable housing in an exceptional location.”

Added Mary Claire Davis, AHC Greater Baltimore director, “AHC is

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