Category Archives: Recent News & Updates

Affiliates of FCC acted as affordable housing advisors for the refinancing of a 115 unit Section 8 assisted housing project for the elderly in Mt. Lebanon, PA. A new HUD insured mortgage in the amount of $3,456,800 for a term … Continue reading →

FCC recently completed the refinancing of four affiliated apartment complexes containing 553 apartment units.  The refinancing totaled $15,736,200 with an average term of 26 years and average interest rate of 4.75 percent per annum.  The refinanced mortgage loans will substantially … Continue reading →

FCC initiated the installation of several green improvements at seven Pennsylvania properties.  These green expenditures included the installation of water conservation measures such as low flow toilets, shower heads and faucets throughout the apartment units as well as high efficiency … Continue reading →

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