FCP, High Real Estate Sell Multifamily Community in Charleston for $36.1M
CHARLESTON, S.C. — FCP and High Real Estate Group have sold Plantation Oaks, a 264-unit multifamily community in Charleston, for $36.1 million. New York-based White Eagle Property Group acquired the property. In July 2015, FCP recapitalized the property and became partners with High Real Estate for Plantation Oaks, as well as a property in Charlotte that also sold to White Eagle. Plantation Oaks offers one- and two-bedroom floor plans and communal amenities including a bark park, pet spa, 24-hour health club, residential clubhouse, car care center, boat parking, fitness center and a saltwater swimming pool. Alex Okulski and Anthony Rotunda of Newmark Knight Frank represented the sellers in the transaction.