Login

FCP, Angelo Gordon Acquire The Monterey for $97M

Buyers to Finish Renovation of High-Rise Complex Following Failed Condo Conversion
By Sam Franklin
March 26, 2008 | 2:21 P.M.

Federal Capital Partners (FCP), in partnership with Angelo, Gordon & Co., has acquired The Monterey apartment complex in North Bethesda, MD, for $97 million, or about $224,500 per unit. The seller was Bernmil Associates, according to tax records.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE