FCP announced a preferred equity investment through its Structured Investments platform to support the development of Aventon Wesley Chapel, a 384-unit multifamily community in Wesley Chapel, Fla. FCP is partnering on the investment with Aventon Cos., a multifamily developer and operator.
The four-story community will be developed along Meadow Pointe Boulevard in the rapidly expanding Wesley Chapel submarket of the Tampa metropolitan area.
“FCP is pleased to expand our relationship with Aventon Companies following our recent partnership on Aventon Lana in Clearwater,” said Bruce Gago, who leads FCP’s Florida office. “Aventon Wesley Chapel reflects the type of opportunity we continue to pursue: an experienced sponsor, a well-located site in a high-growth market and a thoughtfully structured investment that supports the delivery of new housing.”
Aventon Wesley Chapel will provide access to Interstate 75, connecting residents to major employment centers t
