March 15 (Reuters) - Firm Capital Apartment Real Estate Investment Trust FCA_u.V :
* FIRM CAPITAL APARTMENT REIT ANNOUNCES THE ACQUISITION OF A 50% INTEREST IN A 245 UNIT, MULTI-FAMILY RESIDENTIAL BUILDING FOR $39.5 MILLION IN THE WASHINGTON D.C. METRO AREA AND CAD$5.0 MILLION PROMISSORY NOTE FINANCING
* FIRM CAPITAL APARTMENT REAL ESTATE INVESTMENT TRUST - JOINT VENTURE IS PURCHASING PROPERTY FOR $39.5 MILLION OR ABOUT $161,225 PER UNIT