FCP, in partnership with BMC Investments and The RMR Group, acquired ARIUM Sunrise, a 400-unit multifamily community in Sunrise, Fla.
“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 boasts a 94 percent 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 percent (32 units) of the apartments that remain in their original condition, ensuring the community continues to meet evolving resident expectat
