JV ACQUIRES MAJORITY INTEREST IN VIRGINIA MULTIFAMILY COMPLEX

LEESBURG, VA. — A joint venture between Federal Capital Partners (FCP) and Kettler has purchased a majority interest in The Fields of Leesburg apartment complex. The Fields of Leesburg is a 404-unit garden apartment complex at 75 Plaza St. in Leesburg. The property was originally built in the 1970s in two phases and participates in an affordable housing tax credit program.