August 03, 2026
SAN ANTONIO, TX - Cove Capital Investments, a Delaware Statutory Trust sponsor company that operates a portfolio of over 4.3 million square feet of real estate nationwide, has acquired the Cove San Antonio Multifamily 119 DST, a 170-unit multifamily community in San Antonio, Texas.
According to Dwight Kay, Managing Member and Co-Founder of Cove Capital, the property was acquired through a lender's REO disposition process at a purchase price below its appraised value, as well as below the outstanding loan balance, creating an attractive basis relative to replacement cost and recent comparable...