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FCA Group Completes Acquisition of Amber Ridge Apartments, Las Vegas NV

MIAMI , April 10, 2014 /PRNewswire/ -- Significant addition of 266,000+ sqft to FCA's Western US portfolio   FCA Group, the North and Central American real estate investment and property management arm of the Libra Group, has acquired the 316 unit multi- family development Amber Ridge Apartments in Las Vegas, Nevada . It marks a significant addition of 266,060 sqft to the company's North America multi- family housing portfolio and joins the 1, 000 residential units which FCA Group already owns and manages in Florida . Following the acquisition FCA Group is embarking on a comprehensive program of refurbishment and enhancements at Amber Ridge which will bring direct benefits to the community while adding prestige and value to the development as a whole. This includes restoring deteriorated units to ...

FCA Group Completes Acquisition of 316-Unit Amber Ridge Apartments in Las Vegas, Nevada

LAS VEGAS, NV - FCA Group, the North and Central American real estate investment and property management arm of the Libra Group, has acquired the 316 unit multi - family development Amber Ridge Apartments in Las Vegas, Nevada. It marks a significant addition of 266,060 sq. ft. to the company's North America multi - family housing portfolio and joins the 1, 000 residential units , which FCA Group already owns and manages in Florida. Following the acquisition FCA Group is embarking on a comprehensive program of refurbishment and enhancements at Amber Ridge, which will bring direct benefits to the community while adding prestige and value to the development as a whole. This includes restoring deteriorated units to suitably modern standards and upgrading selected apartments to meet the demand for a premium rental option . There will be substantial improvements to amenities throughout including re- developed common areas with superior landscaping, basketball courts, a so...

FCA Group Completes Acquisition of Amber Ridge Apartments, Las Vegas NV

MIAMI , April 10, 2014 /PRNewswire/ -- FCA Group, the North and Central American real estate investment and property management arm of the Libra Group, has acquired the 316 unit multi- family development Amber Ridge Apartments in Las Vegas, Nevada . It marks a significant addition of 266,060 sqft to the company's North America multi- family housing portfolio and joins the 1, 000 residential units which FCA Group already owns and manages in Florida . Following the acquisition FCA Group is embarking on a comprehensive program of refurbishment and enhancements at Amber Ridge which will bring direct benefits to the community while adding prestige and value to the development as a whole. This includes restoring deteriorated units to suitably modern standards and upgrading selected apartments to meet the demand for a premium rental option . There will be substantial improvements to amenities throughout including re- developed common areas with superior landscaping, basketbal...

Board in favor of Logan Square apartment initiative

Pharos-Tribune (Logansport, IN) Aug. 24--A Logansport commission is planning to support a housing project in a downtown building with $160,000 and a five- year tax abatement . Bill Cuppy, executive director of the Cass- Logansport Economic Development Organization and Logansport- Cass County Chamber of Commerce, discussed the project at a Logansport Redevelopment Commission meeting on Wednesday. The project involves the Logan Square Building at Third Street and East Broadway. The vacant five- story building consists of about 45, 000 square feet and has a parking lot with about 75 spaces. Cuppy's presentation indicated Lafayette- based FRG Management is pursuing the project. The company bought the building in June and is willing to invest $3.2 million, Cuppy said. FRG Management wants to make the building's first floor mixed-use commercial, Cuppy continued, adding the firm is in talks to provide office space to a financial adviser and an attorney. Cuppy added the firs...