Foulger Pratt

Foulger Pratt is excited to introduce Affinity at Avenue One – now under construction in Wilmington, NC.   Located less than 15 minutes from Downtown Wilmington, Affinity at Avenue One will offer 146 townhomes averaging nearly 2,000 SF, with two-car garages, two-car driveways, top-of-market design packages, and modern appliances. Amenities will include a resort-style pool, pavilion, playground, dog park, and event lawn. Affinity at Avenue One is designed with multiple resident profiles in mind – from the retirees looking for spacious, primary-on-main living, to the young families growing into an elevated style.   The project is owned in partnership with Grandview Partners, with financing provided by United Bank. We look forward to working with Mungo Homes as the homebuilder partner to deliver this community in 2026-2027.   This marks FP’s sixth build-to-rent community and fifth project in North Carolina. #BuildToRent #FoulgerPratt #GrandviewPartners #JointVenture #Wilmington

We’re excited to announce that, in partnership with PCCP and Tryline Capital, we’ve acquired 1,110 units across three multifamily communities in Washington, DC.   “This portfolio acquisition fits within our strategy of acquiring high quality multifamily assets in great locations at significant discounts to replacement cost ,” said Joe Clauser, Chief Financial Officer. “We have long believed in the strength and resilience of the Washington, DC market, and with new supply tapering off, we see significant opportunities for rent growth and long-term value creation.”

Foulger Pratt is excited to announce the acquisition of Neo at Midtown Apartments, a 321-unit multifamily community located in Dallas, Texas. This marks the first closing in the newly formed Multifamily Acquisition Platform and was completed in partnership with Grandview Partners. Neo at Midtown presents a compelling value-add opportunity in a dynamic submarket with strong fundamentals.   “We’re proud to close our first acquisition in this newly established vertical; a key part of Foulger Pratt’s long-term growth strategy. This milestone reflects the strength of our team and the deep partnerships we continue to build. We’re energized by this momentum and confident in the value we’re creating for residents, partners, and investors.” - Andrew Young, Managing Director of Multifamily Acquisitions.

We’re thrilled to announce several well-deserved promotions across our team this year! Please join us in celebrating these outstanding individuals for their hard work, dedication, and continued growth here at Foulger Pratt. #FoulgerPratt #BuildingCareersTogether

Foulger Pratt is proud to announce the grand opening of The Paxton - a transformative affordable housing development in Washington DC's Ward 7! Mayor Bowser led the ribbon-cutting ceremony for this groundbreaking project that brings 148 fully affordable units to our community. At nearly 160,000 square feet, The Paxton isn't just about housing - it's about building community. The development features 5,300 sf of dedicated amenity space fostering an active, healthy community, along with on-site support services through Community of Hope. Strategically located to extend the H Street Corridor's development, residents will enjoy direct access to retail and public transit via the H Street streetcar. Special thanks to our partners and the DC community for helping us deliver on our commitment to tackle the housing crisis with high-quality, affordable homes. This project represents more than just buildings - it's about creating opportunities and strengthening neighborhoods. Together, we're making DC more accessible and vibrant for all residents. #FoulgerPratt #ThePaxton #AffordableHousing Watch the Ribbon Cutting Ceremony: https://buff.ly/416lmSL

Foulger-Pratt and Tryline Capital have completed the acquisition of the 346-unit Belgard multifamily property in the NoMa neighborhood of Washington, D.C. This acquisition represents a strategic investment in a well-appointed, amenity-rich multifamily property located in the rapidly evolving NoMa neighborhood, which has become a popular destination for young professionals in Washington, D.C. Learn more: https://lnkd.in/eWywSN6g #FoulgerPratt #TheBelgard #DCRealEstate #MultiFamilyRealEstate