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FCP Divests from 312-Unit Roswell Apartment Property

FCP has announced the sale of River Crossing in Atlanta’s Roswell suburb. The 312-unit community was acquired by FCP as River Trace Apartments in August 2016 and has been repositioned through $5.5 million in improvements to community amenities, unit interiors and curb appeal.

River Crossing at Roswell is located adjacent to neighborhood shopping centers anchored by a Publix and a Lifetime Fitness. Walking distance to the Chattahoochee River, the community has a full array of amenities that include a now fully-renovated clubhouse with a fitness center overlooking the property’s lake, a pool, a playground, a picnic area and a laundry center.

Shea Campbell, Ashish Cholia, Kevin Geiger, Colleen Hendrix and Mark Taylor of CBRE represented FCP in the sale. The buyer was not disclosed.


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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.