Covenant Capital Group Announces March 2018 Apartment Property Sales
Nashville-born real estate investment management firm with more than $1 billion in real estate assets under management releases two sales that occurred in March
Nashville, TENN. (April 3rd, 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 March 2018 apartment property sales.
They are as follows:
The Views, Asheville, NC, for $26.0 million; and
414 Flats, Knoxville, TN, for $14.5 million.
“We’re proud to have invested in Asheville and Knoxville by renovating and updating these apartment properties,” said Govan D. White, managing partner and co-founder of Covenant Capital Group. “They are now well positioned to continue to serve their respective communities 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.