02.20.2018

Covenant Capital Group Announces Apartment Property Sales – Q4 2017 and January 2018

Nashville-based real estate investment management firm with more than $1 billion in real estate assets under management releases sales activity over last four months

Nashville, TENN. (February 20, 2018) – Covenant Capital Group, LLC, a Nashville-based real estate investment manager that excels at revitalizing and extending the life span of strategically important apartment communities in high-growth southeastern and mid-Atlantic markets, today announces its 4th quarter 2017 and January 2018 apartment property sales.

They are as follows:

Fourth Quarter 2017 apartment sales

Viera Cedar Bluff, Knoxville, TN, for $17,750,000

Butterfield, Memphis, TN, for $13,600,000

Grand Highlands of Mountain Brook, Birmingham, AL, for $43,000,000

Twenty-35 Safety Harbor, Safety Harbor, FL, for $21,000,000

High Ridge, Athens, GA, for $15,500,000

January 2018 apartment sales

Icon on the Greenway, Charlotte, NC, for $21,000,000

Racquet Club, Lexington, KY, for $51,500,000

Veridian Spartanburg, Spartanburg, SC, for $12,500,000

“We invested in these apartments by renovating and updating as well as enhancing operations to extend their life spans,” said Govan D. White, managing partner and co-founder of Covenant Capital Group. “We’re confident these communities will continue their considerable momentum under new ownership.”

Covenant focuses on revitalizing properties into premier, institutional quality assets. Through its process, it sustains valuable housing inventory in high-growth areas to positively impact communities.

For more information visit: https://www.covenantcapgroup.com/

02.20.2018

Covenant Capital Group Announces Apartment Property Sales – Q4 2017 and January 2018

Nashville-based real estate investment management firm with more than $1 billion in real estate assets under management releases sales activity over last four months

Nashville, TENN. (February 20, 2018) – Covenant Capital Group, LLC, a Nashville-based real estate investment manager that excels at revitalizing and extending the life span of strategically important apartment communities in high-growth southeastern and mid-Atlantic markets, today announces its 4th quarter 2017 and January 2018 apartment property sales.

They are as follows:

Fourth Quarter 2017 apartment sales

Viera Cedar Bluff, Knoxville, TN, for $17,750,000

Butterfield, Memphis, TN, for $13,600,000

Grand Highlands of Mountain Brook, Birmingham, AL, for $43,000,000

Twenty-35 Safety Harbor, Safety Harbor, FL, for $21,000,000

High Ridge, Athens, GA, for $15,500,000

January 2018 apartment sales

Icon on the Greenway, Charlotte, NC, for $21,000,000

Racquet Club, Lexington, KY, for $51,500,000

Veridian Spartanburg, Spartanburg, SC, for $12,500,000

“We invested in these apartments by renovating and updating as well as enhancing operations to extend their life spans,” said Govan D. White, managing partner and co-founder of Covenant Capital Group. “We’re confident these communities will continue their considerable momentum under new ownership.”

Covenant focuses on revitalizing properties into premier, institutional quality assets. Through its process, it sustains valuable housing inventory in high-growth areas to positively impact communities.

For more information visit: https://www.covenantcapgroup.com/