FCP has purchased a newly completed cottage-style rental community in Monroe, North Carolina, for $41.25 million, or about $273,179 per unit, from joint sellers Taylor Morrison and Varde Partners.
FCP acquires newly built rental cottages in Charlotte suburb
151-unit multifamily property in Monroe sells for $41.25 million
By Ankur Sahoo with
February 23, 2026 | 8:58 P.M.
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
- Properties
- Yardly Monroe
3380 Taylor Morrison Way, Monroe, NC
- Companies
- FCP
Finance and Insurance
- Pohlad Companies
Finance and Insurance
- Contacts
- Trevor Koskovich
President - Investment Sales, Northmarq
- Austin Jackson
Vice President, Northmarq
- John Currin
Senior Vice President, Northmarq
- Jesse Hudson
Regional Managing Director, Northmarq