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Federal Capital Partners

Full company profile

uuid00007um

Namestring
Federal Capital Partners
Legal namestring
Federal Capital Partners
Websiteurl
fcpdc.com
Company typeenum
Private
Founded yearint
1999
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersChevy Chase, United States
HQ citystring
Chevy Chase
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices8 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
private equity real estate, commercial real estate investment, multifamily real estate investing, real estate fund management, value-add real estate
NAICS code2 codes
  • Funds, Trusts, and Other Financial Vehicles525
  • Other Financial Investment Activities5239
Product category
Private Equity Real Estate
Social media profiles3 records
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Fund Management Fees
TypeSubscription Recurring
Description

FCP manages six funds totaling $3.5 billion in assets, generating management fees from commingled discretionary funds and separate accounts targeted at major real estate markets in the United States.

fcpdc.com
2Real Estate Investment Returns
TypeTransaction Fee
Description

FCP invests in commercial and residential assets through equity investments, joint venture equity, mezzanine debt, preferred equity, and development properties. The firm generates returns through value-add repositioning, capital improvements, and active asset management to create NOI growth.

fcpdc.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Pricing details1 tier
1Institutional Fund Investment
ModelOtherBilling cadenceMulti-year contract
Notes

FCP manages six funds representing $3.5 billion in assets. Fund sizes include FCP Fund I ($240M in 2008), Fund II ($529.2M in 2012), Fund III ($512.1M in 2016), Fund IV ($755M in 2018), Fund V ($1.188B in 2021), and Fund VI ($1.062B in 2025). As a private equity real estate firm, investments are typically limited to institutional investors.

fcpdc.com
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 of 3 records shown
1FCP SERVES
Description

FCP's employee-led community leadership program dedicated to working alongside respected local organizations and leaders at the corporate, project and personal level and providing FCP employees with dedicated time to volunteer with community development organizations.

fcpdc.com
+2 more records
Core offering1 text field

Federal Capital Partners (FCP) is a private real estate investment company that invests directly and with operating partners in commercial and residential assets. FCP manages six commingled discretionary funds and separate accounts totaling $3.5 billion in assets, deploying equity, joint venture equity, preferred equity, and mezzanine debt into income-producing and development properties across major U.S. markets.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 5 values shown
  • 11.0 million kWh saved through energy efficiency projects
+4 more records
Product overview1 text field

Federal Capital Partners operates as a diversified, value-add real estate investment firm offering a platform of commingled discretionary funds and separate accounts. The core products include six FCP Realty Funds (Fund I through Fund VI, ranging from $240M to $1.062B) targeting multifamily and commercial properties, a specialized Housing Preservation Fund focused on workforce and affordable housing, and a Structured Investments Platform providing preferred equity and mezzanine financing for multifamily development. The firm invests through equity, joint venture equity, and structured investments (preferred equity and debt) in income-producing and development properties across major U.S. markets.

Product and service10 records
1FCP Realty Fund VI
CategoryReal Estate Investment Fund
2FCP Realty Fund V, L.P.
CategoryReal Estate Investment Fund
3FCP Realty Fund IV, L.P.
CategoryReal Estate Investment Fund
4FCP Realty Fund III, L.P.
CategoryReal Estate Investment Fund
5FCP Fund II
CategoryReal Estate Investment Fund
6FCP Fund I
CategoryReal Estate Investment Fund
7FCP Housing Preservation Fund
CategorySpecialized Real Estate Fund
8Structured Investments Platform
CategoryInvestment Product
9Multifamily Investment Strategy
CategoryInvestment Strategy
10Commercial Real Estate Investment Strategy
CategoryInvestment Strategy
Scale indicator8 records

Each record includes

Type, Value, Description, Source

Partnership10 partners
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Greystar has been retained to manage Cottages of Monroe, a 151-unit cottage-style apartment community in Monroe, NC acquired by FCP through its Housing Preservation Fund for $41.25 million.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Insight Property Group is the developer partner for FCP's 553-unit grocery-anchored luxury apartment development in Arlington, VA, financed with $47.1 million in capital from FCP.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Westbridge is FCP's co-development partner for Westside Paper, a 15-acre adaptive reuse mixed-use development along the Atlanta BeltLine Westside Spur. The partnership has extended its loan with Ameris Bank reinforcing the project's capital stability.

4Montclif
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Former FCP partner Erik Weinberg launched Montclif, a commercial real estate operator. FCP intends to continue evaluating new commercial opportunities alongside Montclif, supporting the platform as it scales. Montclif's expertise provides meaningful support to FCP's mixed-use executions.

fcpdc.com
Strategic tierMinorTypeStrategic or Co-development Partner
Description

FCP partnered with Standard Solar for a 2.1-Megawatt solar array system at a Forestville, MD apartment community, demonstrating commitment to environmental sustainability.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

FCP partners with Project Destined to mentor underserved students to become the next generation of commercial real estate leaders through virtual summer internships.

Strategic tierMinorTypeOthers
Description

FCP participates in annual Habitat for Humanity build days as part of its FCP SERVES community service program, supporting housing development for families in need.

Strategic tierMinorTypeOthers
Description

FCP is a PRI Signatory, demonstrating commitment to responsible investment practices and ESG integration.

Strategic tierMinorTypeOthers
Description

FCP joined ULI's Greenprint Center for Building Performance, supporting sustainability in real estate.

Strategic tierCoreTypeOthers
Description

FCP is a founding member of the Multifamily Impact Council, established by a consortium of industry leaders to advance impact investing in multifamily real estate.

Recent move9 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight7 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

The world's largest real estate private equity platform (BREIT and BREP funds) investing across multifamily, office, industrial, and hospitality. Comparable to FCP as a diversified, value-add real estate PE manager, though at materially greater scale and global reach.

TypeDirect peer
Description

Barry Sternlicht's real estate-focused private equity firm with heavy multifamily and value-add exposure through vehicles like SOF series funds. Directly comparable to FCP's value-add multifamily and commercial strategy across U.S. markets.

TypeBroad incumbent
Description

Brookfield's real estate group operates BREP and BSREP series funds investing in multifamily, office, retail, and logistics at a global scale. Overlaps with FCP's multifamily and commercial mandate but at materially larger fund sizes.

TypeBroad incumbent
Description

KKR's real estate platform invests in multifamily, commercial, and hospitality via flagship and opportunistic funds. Comparable investment style to FCP but with broader geographic reach and significantly larger fund vintages.

TypeDirect peer
Description

Largest U.S. multifamily operator and investment manager, with operating-partner overlap with FCP (Greystar manages FCP-owned communities including Cottages of Monroe). Closely comparable multifamily operating platform and institutional capital base.

TypeDirect peer
Description

Boston-based institutional real estate investment manager running value-add and core+ strategies in multifamily, office, and industrial. Comparable fund-size profile and institutional LP base to FCP.

TypeDirect peer
Description

Dallas-based real estate private equity manager with a long-running multifamily and industrial value-add series. Directly comparable to FCP in fund vintage size, U.S. geographic focus, and value-add multifamily underwriting approach.

TypeDirect peer
Description

Chicago-based alternative real estate manager specializing in demographic-driven and impact-oriented sectors including multifamily, student housing, and senior living. Comparable to FCP's Housing Preservation Fund and impact-investing positioning.

TypeDirect peer
Description

Middle-market real estate private equity firm investing in value-add multifamily, office, and industrial across U.S. markets. Closely comparable fund-size profile and value-add multifamily strategy to FCP's six-fund platform.

TypeBroad incumbent
Description

The Carlyle Group's real estate platform invests in multifamily, office, and hospitality globally through CRP series funds. Particularly comparable to FCP given that FCP's founders (Korhonen and Rice) were former Carlyle Principals.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers8 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature2 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles18 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance6 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment1 record

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Federal Capital Partners

Private Equity Real Estatefcpdc.com

Federal Capital Partners firmographics

Firmographics
Name
Federal Capital Partners
Legal name
Federal Capital Partners
Website
https://fcpdc.com
Company type
Private
Founded year
1999
Operating status
Operating
Headcount range
51–100 employees
Ownership category
akta.pro rank

Where Federal Capital Partners is headquartered

Location

Headquarters

HQ city
Chevy Chase
HQ country
United States
HQ region
North America

Offices8 records

Markets served

Federal Capital Partners business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. Fund Management Fees: FCP manages six funds totaling $3.5 billion in assets, generating management fees from commingled discretionary funds and separate accounts targeted at major real estate markets in the United States.
  2. Real Estate Investment Returns: FCP invests in commercial and residential assets through equity investments, joint venture equity, mezzanine debt, preferred equity, and development properties. The firm generates returns through value-add repositioning, capital improvements, and active asset management to create NOI growth.

Pricing tiers

ModelBillingPrice
OtherMulti-year contractInstitutional Fund Investment

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Federal Capital Partners product offering

Product offering

Core offering

Federal Capital Partners (FCP) is a private real estate investment company that invests directly and with operating partners in commercial and residential assets. FCP manages six commingled discretionary funds and separate accounts totaling $3.5 billion in assets, deploying equity, joint venture equity, preferred equity, and mezzanine debt into income-producing and development properties across major U.S. markets.

Product overview

Federal Capital Partners operates as a diversified, value-add real estate investment firm offering a platform of commingled discretionary funds and separate accounts. The core products include six FCP Realty Funds (Fund I through Fund VI, ranging from $240M to $1.062B) targeting multifamily and commercial properties, a specialized Housing Preservation Fund focused on workforce and affordable housing, and a Structured Investments Platform providing preferred equity and mezzanine financing for multifamily development. The firm invests through equity, joint venture equity, and structured investments (preferred equity and debt) in income-producing and development properties across major U.S. markets.

Differentiator

Problem solved

Functional benefit

Brands

  • FCP SERVES: FCP's employee-led community leadership program dedicated to working alongside respected local organizations and leaders at the corporate, project and personal level and providing FCP employees with dedicated time to volunteer with community development organizations.
  • FCP Housing Preservation Fund
  • EcoSave

Products and services

  • FCP Realty Fund VI
  • FCP Realty Fund V, L.P.
  • FCP Realty Fund IV, L.P.
  • FCP Realty Fund III, L.P.
  • FCP Fund II
  • FCP Fund I
  • FCP Housing Preservation Fund
  • Structured Investments Platform
  • Multifamily Investment Strategy
  • Commercial Real Estate Investment Strategy

Quantifiable outcome

  • 11.0 million kWh saved through energy efficiency projects
  • +4 more outcomes

Companies that use Federal Capital Partners

Customer profile

Named customers8 records

Segments3 records

Ideal customer profiles2 records

Federal Capital Partners technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature2 records

Federal Capital Partners partnerships and signals

Strategic signal

Partnerships

Ten partnerships are on record, tiered core and minor.

  • GreystarcoreStrategic or Co-development PartnerGreystar has been retained to manage Cottages of Monroe, a 151-unit cottage-style apartment community in Monroe, NC acquired by FCP through its Housing Preservation Fund for $41.25 million.
  • Insight Property GroupcoreStrategic or Co-development PartnerInsight Property Group is the developer partner for FCP's 553-unit grocery-anchored luxury apartment development in Arlington, VA, financed with $47.1 million in capital from FCP.
  • WestbridgecoreStrategic or Co-development PartnerWestbridge is FCP's co-development partner for Westside Paper, a 15-acre adaptive reuse mixed-use development along the Atlanta BeltLine Westside Spur. The partnership has extended its loan with Ameris Bank reinforcing the project's capital stability.
  • MontclifcoreStrategic or Co-development PartnerFormer FCP partner Erik Weinberg launched Montclif, a commercial real estate operator. FCP intends to continue evaluating new commercial opportunities alongside Montclif, supporting the platform as it scales. Montclif's expertise provides meaningful support to FCP's mixed-use executions.
  • Standard SolarminorStrategic or Co-development PartnerFCP partnered with Standard Solar for a 2.1-Megawatt solar array system at a Forestville, MD apartment community, demonstrating commitment to environmental sustainability.
  • Project DestinedminorStrategic or Co-development PartnerFCP partners with Project Destined to mentor underserved students to become the next generation of commercial real estate leaders through virtual summer internships.
  • Habitat for HumanityminorOthersFCP participates in annual Habitat for Humanity build days as part of its FCP SERVES community service program, supporting housing development for families in need.
  • Principles for Responsible Investment (PRI)minorOthersFCP is a PRI Signatory, demonstrating commitment to responsible investment practices and ESG integration.
  • Urban Land Institute (ULI) GreenprintminorOthersFCP joined ULI's Greenprint Center for Building Performance, supporting sustainability in real estate.
  • Multifamily Impact CouncilcoreOthersFCP is a founding member of the Multifamily Impact Council, established by a consortium of industry leaders to advance impact investing in multifamily real estate.

Scale indicators8 records

Recent moves9 records

Expansion highlights7 records

Federal Capital Partners competitors and assessment

Company assessment

Broad incumbents

  • Blackstone Real Estate: The world's largest real estate private equity platform (BREIT and BREP funds) investing across multifamily, office, industrial, and hospitality. Comparable to FCP as a diversified, value-add real estate PE manager, though at materially greater scale and global reach.
  • Brookfield Real Estate: Brookfield's real estate group operates BREP and BSREP series funds investing in multifamily, office, retail, and logistics at a global scale. Overlaps with FCP's multifamily and commercial mandate but at materially larger fund sizes.
  • KKR Real Estate: KKR's real estate platform invests in multifamily, commercial, and hospitality via flagship and opportunistic funds. Comparable investment style to FCP but with broader geographic reach and significantly larger fund vintages.
  • Carlyle Group Real Estate: The Carlyle Group's real estate platform invests in multifamily, office, and hospitality globally through CRP series funds. Particularly comparable to FCP given that FCP's founders (Korhonen and Rice) were former Carlyle Principals.

Direct peers

  • Starwood Capital Group: Barry Sternlicht's real estate-focused private equity firm with heavy multifamily and value-add exposure through vehicles like SOF series funds. Directly comparable to FCP's value-add multifamily and commercial strategy across U.S. markets.
  • Greystar Real Estate Partners: Largest U.S. multifamily operator and investment manager, with operating-partner overlap with FCP (Greystar manages FCP-owned communities including Cottages of Monroe). Closely comparable multifamily operating platform and institutional capital base.
  • AEW Capital Management: Boston-based institutional real estate investment manager running value-add and core+ strategies in multifamily, office, and industrial. Comparable fund-size profile and institutional LP base to FCP.
  • Crow Holdings Capital: Dallas-based real estate private equity manager with a long-running multifamily and industrial value-add series. Directly comparable to FCP in fund vintage size, U.S. geographic focus, and value-add multifamily underwriting approach.
  • Harrison Street Capital: Chicago-based alternative real estate manager specializing in demographic-driven and impact-oriented sectors including multifamily, student housing, and senior living. Comparable to FCP's Housing Preservation Fund and impact-investing positioning.
  • PCCP Capital: Middle-market real estate private equity firm investing in value-add multifamily, office, and industrial across U.S. markets. Closely comparable fund-size profile and value-add multifamily strategy to FCP's six-fund platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights6 records

Customer concentration

Federal Capital Partners social profiles

Digital presence

Federal Capital Partners compliance and trust

Trust signal

Compliance6 records

Federal Capital Partners financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Federal Capital Partners leadership team

Management profile

Number of profiles

Profiles18 records

Federal Capital Partners subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Federal Capital Partners funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Federal Capital Partners M&A and investment

M&A and investment

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Federal Capital Partners

What does Federal Capital Partners do?

Federal Capital Partners (FCP) is a private real estate investment company that invests directly and with operating partners in commercial and residential assets. FCP manages six commingled discretionary funds and separate accounts totaling $3.5 billion in assets, deploying equity, joint venture equity, preferred equity, and mezzanine debt into income-producing and development properties across major U.S. markets.

Is Federal Capital Partners a public or private company?

Federal Capital Partners is a private company. It is classified as corporate owned and is currently operating.

When was Federal Capital Partners founded?

Federal Capital Partners was founded in 1999. It employs 51 to 100 people.

Where is Federal Capital Partners based?

Federal Capital Partners is headquartered in Chevy Chase, United States, in the North America region.

How does Federal Capital Partners make money?

Two revenue lines are on record. Fund Management Fees are the primary driver. The others are real Estate Investment Returns.

Who are Federal Capital Partners's main competitors?

Broad incumbents on record are Blackstone Real Estate, Brookfield Real Estate, KKR Real Estate and Carlyle Group Real Estate. Direct peers are Starwood Capital Group, Greystar Real Estate Partners, AEW Capital Management, Crow Holdings Capital, Harrison Street Capital and PCCP Capital.

Does Federal Capital Partners have an API?

No public API is recorded for Federal Capital Partners.

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Live signals
CommercialSearchMontclif, FCP Acquire Dallas Office BuildingMontclif and FCP acquired 2401 Cedar Springs, a seven-story, 200,000-square-foot office building in Uptown Dallas, the first Dallas purchase for Montclif since its April launch. The building is 63% leased, and the buyers plan a multimillion-dollar renovation including a new lobby and conference center.Pulse 2.0FCP Invests $22 Million In 305-Unit Falls Church Multifamily Development Near Metro StationFCP invested $22 million in preferred equity for a 305-unit apartment community near West Falls Church Metro Station in Virginia. The project is part of a larger 42-acre development with retail, office, and senior living. FCP's second such investment in 60 days, following its Florida deal.citybizMontclif, FCP Acquire Hamilton Square in Downtown Washington, D.C. for $126.0 MillionMontclif and FCP acquired Hamilton Square, a nine-story mixed-use building in downtown Washington, D.C., for $126 million. The property, completed in 1929, is fully leased with Fortune 100 firms and plans for operational and capital enhancements.citybizFCP Provides $22 Million Preferred Equity for 305-Unit Multifamily Development in Falls Church, VAFCP announced a $22 million preferred equity investment through its Structured Investments platform for a 305-unit, seven-story apartment community in Falls Church, VA, partnering with Rushmark Properties. The project is part of a 42-acre mixed-use development near the West Falls Church Metro Station, and this is FCP's second preferred equity investment in 60 days.FcpdcFCP PROVIDES $22 MILLION PREFERRED EQUITY FOR 305-UNIT MULTIFAMILY DEVELOPMENT IN FALLS CHURCH, VAFCP announced a $22 million preferred equity investment through its Structured Investments platform for a 305-unit, seven-story apartment community in Falls Church, VA, adjacent to the West Falls Church Metro Station. The project is part of a 42-acre mixed-use development with retail, office, and senior living, and is FCP's second preferred equity investment in 60 days.PR NewswireFCP PROVIDES $22 MILLION PREFERRED EQUITY FOR 305-UNIT MULTIFAMILY DEVELOPMENT IN FALLS CHURCH, VAFCP announced a $22 million preferred equity investment through its Structured Investments platform for a 305-unit, seven-story apartment community in Falls Church, VA, adjacent to the West Falls Church Metro Station. The project is part of a 42-acre mixed-use development with retail, office, and senior living, and is FCP's second preferred equity investment in 60 days.Stock TitanFederated Hermes Q2 Earnings: Record $911.6B AUMFederated Hermes, Inc. reported record Q2 2026 earnings with assets under management reaching $911.6 billion, an 8% increase year-over-year, driven by strong equity performance and the acquisition of FCP Fund Manager, L.P. The company posted EPS of $1.38, up 19% from the prior year, with net income of $104.3 million, while also launching two new ETFs including its first fund designed for blockchain ecosystem participants.Daily Post NigeriaWike urges EU countries to partner with FCT on investments, cultural exchange, othersNigerian Minister of the Federal Capital Territory (FCT), Nyesom Wike, urged European Union countries to deepen investment ties and partner with the FCTA during a meeting with EU Heads of Mission in Abuja. Wike outlined investment opportunities in real estate, agriculture, solid minerals, entertainment, and waste management, while also discussing Nigeria's political reforms including subsidy removal, foreign exchange unification, and electoral law amendments under President Bola Tinubu's administration.Pulse 2.0FCP Buys $41.25 Million Cottage Apartment Community Near CharlotteFCP acquired Cottages of Monroe, a 151-unit cottage-style apartment community in Monroe, North Carolina, for $41.25 million. The purchase aligns with its Housing Preservation strategy to maintain affordability in a growth market. Greystar will manage the property, which offers one- and two-bedroom homes with amenities.ThemiddlemarketFederated Hermes Buys 80 Percent Stake in FCPFederated Hermes Inc. has agreed to acquire an 80 percent stake in FCP Fund Manager LP, a privately held real estate investment manager headquartered in Chevy Chase, Maryland. The transaction, expected to close in the first half of 2026 pending regulatory approval, marks Federated Hermes' second private markets acquisition of 2025. FCP has invested in more than $14.6 billion in gross asset value across over 75,000 apartment units in 19 high-growth U.S. metro areas.