About Us

FCAM Property Management

The FCAM home office is centrally located in the heart of uptown Charlotte, NC.  Our property management platform spans across the Southeast in NC, SC, GA, TN, FL, and TX.  We currently manage over 6000 units with a portfolio value over 1.6 billion.  We strive to provide our clients with superior service and personal attention to their investment strategy.  FCAM focuses on specific ideals to execute a proven formula of success for your asset.


FCAM Personal Touch


*Hand select top talent and build cohesive on-site teams based on property specific goals or current challenges   


*Analyze asset strengths and execute superior strategic marketing plans


*Create efficiency through cutting edge industry software to allow the on-site team to focus attention on leasing and exceptional customer service


*Lead the market by evaluating conditions and trends, fine tuning strategies, resulting in steady asset performance

 


FCA Management Client Services

At FCA Management, we realize that each of our clients deserve complete transparency with their multi-family assets and we are dedicated to providing an unmatched level of service to ensure the success of their investments.  The technology we have selected allows us to share data directly to our client 24/7 on-demand.  Our management procedures are automated to create efficiency and focus the on-site team's time and attention on what's most important, customer service.    

FCA Management hand selects and harnesses industry leading software, digital marketing technology, and  preferred vendor relationships to deliver a superior property management platform.  We pride ourselves on being nimble and easily making adjustments as technology progresses.  

We are market experts and would love an opportunity to review and assist you with any challenging existing assets, potential acquisitions, or new development opportunities.  We will review your financial performance, sub-market conditions, asset overview, and potential areas for improvement.  FCAM has a proven track record of improving investment performance.  Our team is always available for a consultation.

FCAM offers professional due diligence services for your next acquisition.  We complete detailed unit inspections, capex recommendations, lease file audits, and comprehensive reports with photos of deficiencies.  Please contact us to request our assistance on your next acquisition.

We work closely with our clients on existing assets and potential acquisitions to recommend renovation plans including scope, pricing, and rent analysis.  We have preferred vendors in our markets that provide competitive bids for your project and our property management software gives us the ability to successfully manage the process of properly tracking and turning units to completion.

The Team at FCAM has been directly involved in over 10,000 units of new development and can provide assistance and recommendations through the process.  Some of the services we provide are listed below: 

*Market and sub-market data including: Monthly market survey, detailed demographic reports, and development proforma

*Detailed review and recommendations of unit mix, floorplans, and amenity programming

*Attendance at key regular client, architectural, design and construction meetings to participate in all phases of the development phase

*Provide recommendations on access control, audio/visual plan, amenity space layout, interior design/FFE, landscaping plan, prospect tour path,    interior and exterior signage package

*Present strategic marketing/branding plan.  Manage third party vendors for logo design, brand guide, splash page, website, promotional products,  SEO/SEM, and internet listing services.

*Project unit rents and absorption pace

*Provide recommendations on parking, telephone, cable, internet, trash removal, water/sewer, and other revenue producing services

*Prepare pre-leasing, lease-up, and stabilized operating budgets

FCAM Corporate Associates

Edward Cherry
Partner

Mr. Cherry is a Founder and Managing Partner of FCA Partners. He is responsible for asset and portfolio management as well as assisting in the development of the firm’s strategic growth initiatives and investment strategies.

Mr. Cherry has over 30 years of commercial real estate experience. He was a Senior Managing Director in the Capital Advisors group at Faison & Associates, a Charlotte based real estate development and investment management firm and the predecessor firm of FCA Partners. The Capital Advisors group managed a $1 Billion discretionary separate account on behalf of a major state pension fund. The client and the Capital Advisors team spun out in February 2014 to form FCA Partners.

He began his real estate career in 1985 with Wachovia Real Estate Investments, one of the early real estate advisors to pension funds.  At Wachovia, Mr. Cherry was involved in the acquisition, development, asset management, and disposition of commercial real estate on a national basis.  Mr. Cherry was a Senior Vice President with the firm.

In 2000 Mr. Cherry joined Faison’s Capital Advisors Group working on the development, management and disposition of commercial and multifamily properties.  In 2006, Mr. Cherry became the Managing Director of the Capital Advisors group.

Mr. Cherry has directed the development or redevelopment of over 2 Million SF of office, retail, and industrial real estate and over 2,300 multifamily units. He has managed assets valued in excess of $2.2 Billion.

Mr. Cherry received a Bachelor of Arts with Honors from North Carolina State University, a Master of Economics from North Carolina State University, and a Master of Science in Real Estate from the University of Wisconsin at Madison.  While at the University of Wisconsin, Mr. Cherry had the honor to be a teaching assistant to Professor James Grasskamp and was also an intern at the State of Wisconsin Investment Board.  Mr. Cherry has earned the Chartered Financial Analyst designation.

He is a member of the Urban Land Institute, NMHC, PREA, and has been an active member of numerous other industry trade organizations.  Mr. Cherry is past Board President of St. Paul’s Preschool, past Commodore of Lake Norman Yacht Club, past board member of the South Atlantic Yacht Racing Association, and past chairperson of Boy Scout Troop 116 Eagle Scout Review Board.

He resides in Charlotte with his wife Kim and has two daughters and a son.