Avesta Communities Expands FCP Partnership with South FL Acquisition of Summit Palms

TAMPA, Fla., March 8, 2018 /PRNewswire/ — Avesta Communities is pleased to announce the most recent addition to its third-party property management service with Summit Palms, a 352-unit garden-style apartment complex located on 9 acres in Lauderhill, FL – an area with high demand for this type of affordable, workforce housing with close proximity to urban Fort Lauderdale. The community marks the second management partnership with Maryland-based FCP which has acquired seven properties in Florida over the last 18 months. Avesta now manages over 1,100 apartment homes for third-party owners and plans to add 3,000 more in 2018.

“The expansion of our partnership with FCP through its acquisition of Summit Palms reconfirms the great value that our third party management platform is providing owners,” says Clint Miller, Avesta’s director of business development.

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