CORPUS CHRISTI-First Capital Advisors (FAC) makes its first move in Texas with the purchase of a 252-unit multifamily complex in Corpus Christi, Texas.

FCA closed on the multifamily asset through a partnership with Adams LaSalle Realty. FCA tells GlobeSt.com it is building a diversified fund and this property fits into their strategy.

"This was a great opportunity to partner with a group that has a lot of experience operating apartment complexes," says Chris Pope, principal at FCA.

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