FM Capital Acquires 408-Beds Near Indiana University and Downtown Bloomington

PR Newswire — February 22, 2017

BLOOMINGTON, Ind., Feb. 22, 2017 /PRNewswire/ — FM Capital announces the recent
acquisition of an off-market five property 408-bed Student Housing portfolio
adjacent to Indiana University’s main campus and downtown Bloomington. Indiana
University is currently experiencing record-high enrollment with strong growth
over the past five years. This further extends FM Capital’s Student Housing
portfolio into the Midwest region and increases their total bed count, in
currently owned assets, to over 2,000 beds.

“The high-barrier to entry and less crowded buyer pool for Student Housing
continues to fuel our strategy,” says Eli Bobker, FM Capital’s Director of
Business Development. “We are excited to expand our portfolio in the Bloomington
market with these three residential walk-up properties located near the
university’s football stadium and two luxury high-end mid-rise developments

FM Capital plans to upgrade the properties and build a fully integrated social
community with high-quality student-life experiences. This vision includes
improved amenities such as advanced roommate matching, high-speed internet,
spacious lounge and study areas, business-class printing options, events, job
fairs, and full concierge services accessed through a mobile app.

FM Capital’s sourcing network, unique funding model, and dedicated management
approach provides a competitive advantage in the Student Housing market. FM
Capital is actively seeking and pursuing additional large-scale Student Housing
commercial real estate investment opportunities. FM Capital is targeting newer
vintage assets which offer affordable living options and are conveniently
located near schools with increasing enrollment.

For all inquiries and leads, please contact:

Joe Fishman, VP of Acquisitions
(305) 722-6182

About FM Capital

FM Capital, LLC is a full service vertically-integrated Commercial Real Estate
(CRE) investment firm, headquartered in New York and South Florida. FM Capital
invests in commercial real estate and debt strategies. FM Capital has a proven
track record. Since their inception in 2007, they’ve acquired and disposed of
more than $1 Billion in assets and over 15,000 units. By utilizing their
value-investing philosophy and hands-on management approach, they continue to
achieve their success. Their commitment to their clients and investors has
fueled their continuous growth.

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