Firm Capital Property Trust Closes $8.5 Million MHC Acquisition, Advances $218 Million Portfolio Transaction

TORONTO, May 06, 2026 (GLOBE NEWSWIRE) -- Firm Capital Property Trust ("FCPT" or the "Trust") (TSX: FCD.UN) is pleased to announce the closing of the previously announced acquisition of a 50% interest in a 103 site Manufactured Home Community (“MHC”) located in Didsbury, Alberta for $8.5 million (100% ownership) excluding transaction costs. The Trust closed on this acquisition through its existing joint venture arrangement with SunPark Communities, LP (“SunPark”), such that the Trust owns 50% of this MHC and SunPark the remaining 50%.