FCP SELLS THE POINTE AT MIDTOWN APARTMENTS IN RALEIGH, NC

CHEVY CHASE, Md., Jan. 22, 2026 /PRNewswire/ -- FCP_® announces the sale of The Pointe at Midtown, a 365-unit apartment community at 901 Navaho Drive in the North Hills area of Raleigh, NC, for an undisclosed price.

FCP Senior Vice President, Alex Cathcart, said, "The sale of The Pointe at Midtown apartments not only represents the successful execution of our business plan – completing extensive upgrades to exteriors, common areas, and amenity spaces – but also unlocks a significant development opportunity to maximize the potential for this final section of North Hills."

The Pointe at Midtown apartments offer two- and three-bedroom garden apartments located minutes from I-440 and the nearby amenities at North Hills. The community features an abundance of recreational opportunities, including a swimming pool, basketball court, and a shaded playground, with resident amenities including two clothes care centers and a recently installed package locker system.

FCP extends its appreciation to Hunter Barron, Teddy Hobbs, Ryan Gavigan, Ben Bury, and Woody Flythe of JLL for their representation of the seller.

About FCP
FCP® is a privately held real estate investment company that has invested in or financed more than $14.8 billion in gross asset value since its founding in 1999. FCP invests directly and with operating partners in commercial and residential assets. The firm makes equity and structured investments in income-producing and development properties. Based in Chevy Chase, MD, FCP invests both its commingled, discretionary funds and separate accounts targeted at major real estate markets in the United States. For further information on FCP, please visit fcpdc.com.

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SOURCE Federal Capital Partners