Cove Capital Investments, a sponsor of Delaware statutory trusts and other real estate investment offerings, announced it has completed the acquisition of a Chipotle net lease restaurant retail asset in Wichita, Kansas on behalf of Cove Net Lease Income Fund 18 LLC. The acquisition price was not disclosed.

The building is located on a 30,927-square-foot pad surrounded by 350,405 square feet of retail space located in the Westway Plaza, a large regional shopping center in Wichita, Kansas that sees more than 46,000 vehicles per day.

The net lease asset was acquired as an all-cash transaction to be included in Cove’s Net Lease Income Fund 18 LLC, a Reg D, Rule 506C offering.

“We were excited to include this acquisition as part of our Net Lease Income Fund 18, LLC for a number of reasons,” said Lapin. “First, the property is secured by a long-term net lease that is corporately guaranteed by Chipotle Grill Inc., a publicly traded firm that generated $7.5 billion in revenue in 2021. In addition, the building was constructed in 2021 as one of Chipotle’s latest prototype drive-thru restaurant retail designs.”

The fund seeks to raise $50 million from accredited investors with a minimum investment of $50,000. Cove Net Lease Income Fund 18 completed its first sale in August 2020 and had raised approximately $17.9 million as of Sept. 27, 2022, according to a filing with the Securities and Exchange Commission.

“The vast majority of investment real estate offerings are leveraged, especially in the DST space and broker-dealer community,” Dwight Kay, managing member and co-founder of Cove Capital. “Cove Capital uses a contrarian approach that emphasizes offerings that are completely debt-free. We believe this strategy is an attractive option for those investors seeking to potentially mitigate risk by avoiding leverage and long-term mortgages encumbering the properties.”

Cove Capital Investments is a private equity real estate firm providing accredited investors access to 1031 exchange-eligible Delaware statutory trust properties, as well as other real estate investment offerings.

The Cove Dulles Distribution DST went full cycle after being sold to a private real estate investment group for $8.15 million, delivering uninterrupted distributions for Cove Capital's accredited investors on a debt free basis.

Key Highlights:

• Cove Capital takes custom logistics/distribution DST property full-cycle

• Cove Capital correctly anticipated the Dulles International Airport adjacent location combined with the lack of quality warehouse space nationwide created a favorable investment environment.

• The DST investment realized an 8.67% average annualized return for investors*

• The Cove Capital DST offering successfully delivered uninterrupted monthly distributions throughout the hold period and throughout the COVID-19 pandemic.

LOS ANGELES, Oct. 11, 2022 /PRNewswire/ -- Cove Capital Investments, a private equity real estate firm and DST sponsor company that specializes in providing accredited investors access to debt-free DST investment options for their 1031 exchange and direct cash investments, announced it successfully brought another one of its strategically located logistics DST offerings full cycle on behalf of multiple 1031 exchange and direct cash investors.

"Full Cycle" is the name used to describe a Delaware Statutory Trust property that is purchased and then sold on behalf of a group of accredited investors after a period of time.

According to Dwight Kay, Managing Member and Co-Founder of Cove Capital Investments, the property, Cove Dulles Distribution DST, located in the Washington D.C. metro area, sold for $8,150,000 on behalf of a group of DST accredited investors who, for those investors that closed simultaneously on the DST investment the same day that the property was purchased, realized a 126.44% total return on their investments, or a 8.67% average annualized return from their DST 1031 investment*.

"The strategically located property was offered to investors as a debt-free investment to create a lower-risk profile for both 1031 Exchange and direct cash investors. We are very pleased to have provided another successful custom DST investment opportunity for our clients that resulted in a full-cycle liquidity event," said Kay.

Most significantly, Kay noted that Cove Capital was able to provide its investors uninterrupted monthly distributions throughout the hold period and during the entire COVID-19 pandemic, a significant accomplishment considering the volatility of all investments during the Coronavirus pandemic.

"While past performance does not guarantee or indicate the likelihood of future results, this particular investment is a great example of how Cove Capital creates debt-free offerings to specifically mitigate the potential risks associated with leveraged real estate offerings while also providing greater flexibility for our investors. As a result, the Cove Dulles Distribution DST was able to provide our investors monthly distributions and appreciation without the use and added risk of leverage. The positive return marks a significant victory for our investors and another successful outcome for the entire Cove team including the hundreds of loyal Cove clients as well as the many Broker Dealers, Registered Representatives and Registered Investment Advisors that have placed their trust in Cove Capital," said Kay.

Cove Capital's Managing Member and Co-Founder Chay Lapin further explained that this newly constructed logistics DST asset consisted of a distribution asset located in a mature industrial area of Sterling, VA, just north of Dulles International Airport in the Washington D.C. metro area. Lapin also noted the facility was secured by an Fortune 500 convenient foods distribution tenant with a long-term 10 year net lease.

"Our Cove Capital acquisitions and asset management team recognized that this newly constructed logistics facility, located in a highly populated logistics corridor and 100% occupied by a Fortune 500 distribution tenant created a potentially favorable investment scenario for our investors. Like all of our investments, this Delaware Statutory Trust asset was carefully vetted by the Cove Capital team of due diligence and analytics experts before we made it available as a debt-free DST to our Cove Capital investment family. The offering's monthly distributions performed exactly as we had projected per the Private Placement Memorandum (PPM). Although we never guarantee any returns, distributions or appreciation and investors need to thoroughly read our offerings PPMs which detail the business plan and risk factors of investing, we are honored to have been able to provide this positive outcome to our investors, many of which are reinvesting via a 1031 exchange into one of Cove Capitals currently available DST investment opportunities," said Lapin.

About Cove Capital Investments

Cove Capital Investments is a private equity real estate firm providing accredited investors access to 1031 exchange eligible Delaware Statutory Trust properties as well as other real estate investment offerings. The Cove Capital team consists of Acquisitions, Asset Management, Accounting, Due Diligence, In-House Counsel, Investor Relations, Marketing and Capital Markets. Cove Capital maintains a robust current inventory of DST and private equity real estate offerings potentially available to investors. Cove Capital Investments has sponsored the syndication of over 1.5 million square feet of 1031 DST and real estate offerings in the multifamily, net lease, industrial and office sectors. The principals of Cove Capital Investments seek to invest alongside investors in each of their offerings.

For further information, please visit www.covecapitalinvestments.com or contact Cove Capital at (877) 899-1315 and via email at info@covecapitalinvestments.com.

* Past performance does not guarantee or indicate the likelihood of future results. Diversification does not guarantee profits or protect against losses. All real estate investments provide no guarantees for cash flow, distributions or appreciation as well as could result in a full loss of invested principal. Please read the entire Private Placement Memorandum (PPM) prior to making an investment. This case study may not be representative of the outcome of past or future offerings. Please speak with your attorney and CPA before considering an investment.

* Annualized return is defined as a total return including profit on sale and monthly distributions earned on an annualized basis.

** Total return consists of initial return of investor principal, monthly distributions, and profit upon sale.

*** All return calculations are calculated as if the investor closed on the DST investment at the same time the property was purchased.

This material is not intended as tax or legal advice. There are material risks associated with investing in real estate, Delaware Statutory Trust (DST) properties and real estate securities including illiquidity, tenant vacancies, general market conditions and competition, lack of operating history, interest rate risks, the risk of new supply coming to market and softening rental rates, general risks of owning/operating commercial and multifamily properties, short term leases associated with multi-family properties, financing risks, potential adverse tax consequences, general economic risks, development risks and long hold periods. There is a risk of loss of the entire investment principal. Securities offered through FNEX Capital, member FINRA, SIPC.

Cove Capital Investments, a sponsor of Delaware statutory trusts and other real estate investment offerings, brought Cove Missoula Multifamily DST offering full-cycle on behalf of multiple 1031 exchange and direct cash investors.

The Montana multifamily property sold for $8.14 million. The trust acquired the property in 2019 for $4.4 million.

“The strategically located property was offered to investors as a debt-free investment option to provide a lower-risk profile for both 1031 exchange and direct cash investors,” said Dwight Kay, managing member and co-founder of Cove Capital Investments. “We are very pleased to have provided another successful custom DST investment opportunity for our clients that resulted in a full-cycle liquidity event with meaningful equity growth and appreciation.”

According to Cove, those who invested in the trust on the same day the property was acquired realized a 149.21% total return on their investments, or a 18.29% average annualized return from their DST 1031 investment.

“Our Cove Capital acquisitions, and asset management team recognized that this newly constructed multifamily building, located just a short drive from downtown with tons of amenities, and minutes from the University of Montana, created a potentially favorable investment scenario for our investors,” said Chay Lapin, Cove Capital’s managing member and co-founder.

Cove Capital Investments is a private equity real estate firm providing accredited investors access to 1031 exchange-eligible Delaware statutory trust properties, as well as other real estate investment offerings. The team consists of acquisitions, asset management, accounting, due diligence, in-house counsel, investor relations, marketing and capital markets.

Cove Capital Investments, a private equity real estate firm and Delaware Statutory Trust (DST) sponsor company that specializes in providing accredited investors access to debt-free DST investment options for their 1031 exchange and direct cash investments, announced it successfully brought another one of its strategically located logistics DST offerings full cycle on behalf of multiple 1031 exchange and direct cash investors.

Cove Capital Investments LLC, a sponsor of Delaware statutory trusts and other real estate investment offerings, has purchased Pleasant Creek Apartments, a 159-unit value-add multifamily community located in Lancaster, Texas, roughly 15 miles south of downtown Dallas.

The property was purchased on behalf of Cove Dallas Multifamily 59 DST, a Regulation D 506(c) offering that seeks to raise $32.5 million from accredited investors.

Built in 1983, the 130,000-square-foot, two-story community is comprised of one-, two- and three-bedroom floorplans across 16 buildings. Common-area amenities include a swimming pool, a fitness center, a business center and laundry facilities.

Dwight Kay, managing member and co-founder of Cove Capital, said that “the previous owners recently invested more than $1.5 million in capital improvements to approximately 50 percent of the units. Now Cove Capital will continue to provide extensive renovations, including adding new quartz countertops, stainless steel appliances, upgraded plumbing and lighting fixtures and adding carports to cover approximately 100 cars.”

Located at 1255 West Pleasant Road, the community is roughly 15 miles south of downtown Dallas. Pleasant Creek sits in proximity of interstates 35 and 20, as well as Texas State Highway 342, with access to several dining, shopping and entertainment options. Local employers include Northrup Grumman Systems, Dallas Boss Truck Stop and FFE Logistics.

“As a proactive owner-operator, Cove Capital will be able to potentially provide value to our investors through implementing a renovation plan that includes upgrading both interiors and exteriors, and driving operational efficiencies to help maximize revenue potential,” said Chay Lapin, managing member and co-founder.

The Cove portfolio now consists of more than 1.5 million square feet of multifamily, industrial, medical and net lease assets.

Cove Capital Investments is a private equity real estate firm providing accredited investors access to 1031 exchange-eligible Delaware statutory trust properties, as well as other real estate investment offerings. The team consists of acquisitions, asset management, accounting, due diligence, in-house counsel, investor relations, marketing and capital markets.

LOS ANGELES, August 31, 2022 (PRNewswire) -- Cove Capital Investments, LLC, a private equity real estate firm specializing in debt-free Delaware Statutory Trust 1031 exchange-eligible assets as well as other real estate investment offerings, announced today it has completed the purchase of the 8,896 square foot, irreplaceable trophy asset located one block from the beach on Collins Avenue in downtown Miami Beach, FL. The new acquisition will be part of the Firm's "Cove Pharmacy Net Lease 46 DST."

Cove Capital investments creates investments for accredited investors, with an emphasis on debt free 1031 exchange Delaware Statutory Trust (DST) investments as well as debt free real estate funds. Our offerings are attractive to those investors seeking to potentially mitigate risk through debt free offerings with no long-term mortgages encumbering the properties, which is a contrarian investment approach to most other offerings on the market. (PRNewsfoto/Cove Capital Investments)

The property was constructed as a build-to-suit project in 2021. It is currently 100% occupied by an investment-grade pharmacy tenant with a BBB rating from Standard and Poor's, and with a 25.5-year long-term lease that is corporately guaranteed.

"As Cove Capital continues to grow our base of accredited investors and industry appeal for our portfolio of high-quality, unlevered/debt-free DSTs and real estate fund investments, this irreplaceable trophy asset is an excellent addition to Cove Capital's growing list of debt-free 1031/DST investment options. We would especially like to thank all of the members of the Cove selling group over the years which includes Broker/Dealers, Registered Representatives and RIAs for their support and trust in Cove Capital," said Dwight Kay, Managing Member and Co-Founder of Cove Capital Investments.

"The tenant is investment grade and a leader in the essential pharmaceutical business vertical that remained open during the entire COVID-19 Pandemic. On top of that, it is located just one block from the ocean in the renowned tourist location of Miami Beach and is surrounded by Miami's luxury hotel market, high-rise condominiums, waterfront homes, and newly renovated state-of-the-art Convention Center. In addition, the location has on-site parking and sees a heavy volume of foot and vehicle traffic because of the coveted location," said Chay Lapin, Managing Member, and Co-Founder of Cove Capital Investments.

About Cove Capital Investments

Cove Capital Investments is a private equity real estate firm providing accredited investors access to 1031 exchange-eligible Delaware Statutory Trust properties as well as other real estate investment offerings. The Cove Capital team consists of Acquisitions, Asset Management, Accounting, Due Diligence, In-House Counsel, Investor Relations, Marketing and Capital Markets. Cove Capital maintains a robust current inventory of DST and private equity real estate offerings potentially available to investors. Cove Capital Investments has sponsored and co-sponsored the syndication of over 2.3 million square feet of 1031 DST and real estate offerings in the multifamily, net lease, industrial and office sectors. The Principals of Cove Capital Investments seek to invest alongside investors in each of their offerings.

For further information, please visit www.covecapitalinvestments.com or contact Cove Capital at (877) 899-1315 and via email at info@covecapitalinvestments.com.

* Annualized return is defined as total return including profit on sale and monthly distributions earned on an annualized basis and is calculated as if an investor closed on their DST investment the same day that the DST closed on the property.

** Past performance does not guarantee or indicate the likelihood of future results. No representation is made that any DST investment will or is likely to achieve profits similar to those achieved in the past or that losses will not be incurred on future offerings.

This material does not constitute an offer to sell nor a solicitation of an offer to buy any security. Investors should perform their own investigations before considering any investment. IRC Section 1031, IRC Section 1033 and IRC Section 721 are complex tax codes therefore you should consult your tax or legal professional for details regarding your situation. This material is not intended as tax or legal advice. There are material risks associated with investing in real estate, Limited Liability Company owned (LLC) properties, LLC interests, Delaware Statutory Trust (DST) properties, and real estate securities including illiquidity, tenant vacancies, general market conditions and competition, lack of operating history, interest rate risks, the risk of new supply coming to market and softening rental rates, general risks of owning/operating commercial and net lease properties, short term leases associated with net lease properties, financing risks, potential adverse tax consequences, general economic risks, development risks and long hold periods. There is a risk of loss of the entire investment principal. Nothing contained in this material, including in this disclosure or in any other disclosure in this message, constitutes tax, legal, insurance or investment advice, nor does it constitute a solicitation or an offer to buy or sell any security or other financial instrument. Securities offered through FNEX Capital, member FINRA, SIPC.

In his new role, Nolen will focus on providing intermediary sales support to industry broker/dealers, registered representatives, and registered investment advisors, and reinforce Cove’s reputation for integrity, client success, and professionalism.

Los Angeles, CA - Cove Capital Investments, LLC., a private equity real estate firm specializing in all-cash/debt-free Delaware Statutory Trusts and other investment offerings, today announced it has strengthened the footprint for its investors by retaining Corey Nolen as Vice President, head of wholesale distribution for the California-based firm.

Nolen will lead Cove Capital’s intermediary sales efforts as Vice President by providing sales and marketing visibility to industry broker/dealers, registered representatives, and registered investment advisors. The move comes as Cove Capital continues to grow its portfolio of all-cash/debt-free Delaware Statutory Trust and real estate investment funds to accredited investors.

"After working with the Cove Capital leadership team for many years, I have come to know the firm’s focus on professionalism, integrity, and hyper-centric focus on investor relationships. This unique formula has proven to be successful as demonstrated by its recent full-cycle investments in Elk Grove Village, Ill Distribution Center DST and Winston-Salem Distribution Facility DST yielding solid returns* for 1031 exchange and direct cash investors. This is a great opportunity for me to help lead the wholesale distribution efforts of Cove Capital’s more than 2 million square feet of multifamily, distribution, medical, and net-leased assets. I am excited to not only make significant contributions to the Cove Capital investment community, but also reinforce the Cove Capital values,” said Nolen.

Nolen brings nearly a decade of experience as Director of Client Success for WealthForge where he led the firm’s onboarding efforts by growing day-to-day relationships with alternative investment sponsors, independent broker-dealers, and registered investment advisors. While representing his former firm, Nolen helped WealthForge Securities process in excess of 8,000 transactions representing more than $2 billion in alternative investments.

“As Cove Capital continues to grow our selling group, base of accredited investors and industry appeal for our portfolio of high-quality all-cash/debt-free DSTs and real estate fund investments, we feel now is a perfect opportunity to increase awareness of our offerings within the broker/dealer and RIA communities with the addition of Corey. Corey brings the right balance of experience, integrity, industry relationships, and focus on success for our selling group members and investors,” said Cove Capital and Investments Managing Member and Co-Founder, Chay Lapin.

Nolen received his bachelor’s degree in economics from the Robins School of Business at the University of Richmond and his Master’s of Business Administration from William & Mary School of Business.

About Cove Capital Investments

Cove Capital Investments is a private equity real estate firm providing accredited investors access to 1031 exchange eligible Delaware Statutory Trust properties as well as other real estate investment offerings. The Cove Capital team consists of Acquisitions, Asset Management, Accounting, Due Diligence, In-House Counsel, Investor Relations, Marketing and Capital Markets. Cove Capital maintains a robust current inventory of DST and private equity real estate offerings potentially available to investors. Cove Capital Investments has sponsored and co-sponsored the syndication of over 2.3 million square feet of 1031 DST and real estate offerings in the multifamily, net lease, industrial and office sectors. The Principals of Cove Capital Investments seek to invest alongside investors in each of their offerings.

For further information, please visit www.covecapitalinvestments.com or contact Cove Capital at (877) 899-1315 and via email at info@covecapitalinvestments.com.

Past performance is not a guarantee of future results. This material does not constitute an offer to sell nor a solicitation of an offer to buy any security. Investors should perform their own investigations before considering any investment. IRC Section 1031, IRC Section 1033 and IRC Section 721 are complex tax codes therefore you should consult your tax or legal professional for details regarding your situation. This material is not intended as tax or legal advice. There are material risks associated with investing in real estate, Limited Liability Company owned (LLC) properties, LLC interests, Delaware Statutory Trust (DST) properties, and real estate securities including illiquidity, tenant vacancies, general market conditions and competition, lack of operating history, interest rate risks, the risk of new supply coming to market and softening rental rates, general risks of owning/operating commercial and net lease properties, short term leases associated with net lease properties, financing risks, potential adverse tax consequences, general economic risks, development risks and long hold periods. There is a risk of loss of the entire investment principal. Nothing contained in this material, including in this disclosure or in any other disclosure in this message, constitutes tax, legal, insurance or investment advice, nor does it constitute a solicitation or an offer to buy or sell any security or other financial instrument. Securities offered through FNEX Capital, member FINRA, SIPC.

Cove Capital Investments, LLC ("Cove Capital") adds another strategic logistics acquisition to its growing list of all-cash/debt-free DST investment offerings designed for those investors seeking to potentially mitigate risk with no long-term mortgages to encumber the properties.

LOS ANGELES, June 2, 2022 /PRNewswire/ -- Cove Capital Investments, LLC, announced it has completed the purchase of a 40,595 square foot single tenant logistics facility in Gulfport, MS that is tenanted by one of the world's largest express transportation company.

Because the tenant is considered an essential logistics/distribution provider, it remained open and active during the recent COVID-19 pandemic, and therefore potentially more resistant to "black swan events".

The industrial building was constructed in 2006 by a developer that specializes in build-to-suit projects for Fortune 500 logistics firms. As a result, the Gulfport logistics building is 100 percent occupied by a committed tenant and the property enjoys debt free ownership by investors with no risk of lender foreclosure.

"Cove Capital's DST Investment Acquisition Team liked several things about this asset, including that the facility performs essential logistics-related business and is anchored by an industry leading, high quality tenant with long-standing commitment to the location. In addition, this property is in the center of a highly sought-after logistical/industrial marketplace," said Chay Lapin, Managing Member and Co-Founder of Cove Capital Investments.

The property was purchased on behalf of Cove Net Lease Ground 44 DST, a regulation D, Rule 506c private placement all-cash/debt free Delaware Statutory Trust offering.

"With the booming industrial/logistics real estate sector, and the high demand for logistical space, we feel this asset is a strong addition for our DST investment portfolio and investors due to its location, the stability of the tenant during COVID-19 shutdown, and the increasing lack of inventory for quality logistics buildings, '' said Lapin.

About Cove Capital Investments

Cove Capital Investments is a private equity real estate firm providing accredited investors access to 1031 exchange eligible Delaware Statutory Trust properties as well as other real estate investment offerings. The Cove Capital team consists of Acquisitions, Asset Management, Accounting, Due Diligence, In-House Counsel, Investor Relations, Marketing and Capital Markets. Cove Capital maintains a robust current inventory of DST and private equity real estate offerings potentially available to investors. Cove Capital Investments has sponsored and co-sponsored the syndication of over 2.3 million square feet of 1031 DST and real estate offerings in the multifamily, net lease, industrial and office sectors. The principals of Cove Capital Investments seek to invest alongside investors in each of their offerings.

For further information, please visit www.covecapitalinvestments.com or contact Cove Capital at (877) 899-1315 and via email at info@covecapitalinvestments.com.

* Diversification does not guarantee profits or protect against losses. * Past performance is not a guarantee of future results. This material does not constitute an offer to sell nor a solicitation of an offer to buy any security. Such offers can be made only by the confidential Private Placement Memorandum (the "Memorandum"). Please read the entire Memorandum paying special attention to the risk section prior to investing. This correspondence contains information that has been obtained from sources believed to be reliable. However, Cove Capital Investments, LLC does not guarantee the accuracy and validity of the information herein. Investors should perform their own investigations before considering any investment. IRC Section 1031, IRC Section 1033 and IRC Section 721 are complex tax codes therefore you should consult your tax or legal professional for details regarding your situation. This material is not intended as tax or legal advice. There are material risks associated with investing in real estate, Limited Liability Company owned (LLC) properties, LLC interests, Delaware Statutory Trust (DST) properties, and real estate securities including illiquidity, tenant vacancies, general market conditions and competition, lack of operating history, interest rate risks, the risk of new supply coming to market and softening rental rates, general risks of owning/operating commercial and net lease properties, short term leases associated with net lease properties, financing risks, potential adverse tax consequences, general economic risks, development risks and long hold periods. There is a risk of loss of the entire investment principal. Past performance is not a guarantee of future results. Potential cash flow, potential returns and potential appreciation are not guaranteed. For an investor to qualify for any type of investment, there are both financial requirements and suitability requirements that must match specific objectives, goals and risk tolerances. Nothing contained in this material, including in this disclosure or in any other disclosure in this message, constitutes tax, legal, insurance or investment advice, nor does it constitute a solicitation or an offer to buy or sell any security or other financial instrument. Securities offered through FNEX Capital, member FINRA, SIPC.

Cove Capital Investments, LLC, a sponsor of securitized 1031 exchanges and other real estate investment offerings, has purchased a 108,000-square-foot single-tenant office property located in Houston, Texas that serves as the corporate headquarters of Blinds.com, a subsidiary of Home Depot.

The property was purchased on behalf of Cove Houston Corporate 49 DST, an all-cash Delaware statutory trust offering that seeks to raise $26.7 million from accredited investors, according to public filings. The 506(c) private placement offering has a minimum investment of $50,000.

According to Loopnet, the four-story property was built in 1981, sits on nearly six acres of land, and has close to 600 parking spaces. Currently, it is 100 percent occupied by Blinds.com, an online window covering retailer that was purchased by Home Depot in 2014. The lease has 6.5 years remaining and is guaranteed by Home Depot.

“The corporate headquarters of Blinds.com is an excellent acquisition for Cove Capital’s growing list of all-cash/debt-free 1031/DST investment options. Houston, Texas is the fourth largest city in the United States, the second largest metropolitan area in the country for manufacturing, and headquarters to 24 Fortune 500 companies,” said Chay Lapin, managing member and co-founder of Cove Capital Investments.

The property is one quarter mile from Sam Houston Parkway and a 35-minute drive to the Houston International Airport.

Cove Capital Investments is a private equity real estate firm that provides accredited investors access to 1031 exchange eligible Delaware statutory trust properties, as well as other real estate investment offerings. The team consists of acquisitions, asset management, accounting, due diligence, in-house counsel, investor relations, marketing and capital markets.

Cove Capital has sponsored and co-sponsored the syndication of more than 2.3 million square feet of 1031 DST and real estate offerings in the multifamily, net lease, industrial and office sectors.

LOS ANGELES, March 12, 2021 (GLOBE NEWSWIRE) -- Cove Capital Investments, LLC (“Cove Capital”) and its affiliates are pleased to announce the acquisition of a Family Dollar net lease asset located in Waynesville, Georgia (the “Property”).

Recently built in 2020, the Property is slated for one of Cove Capital’s popular Delaware Statutory Trusts (“DSTs”), which offers investors seeking to mitigate risk* the opportunity to easily invest and participate in 1031 exchange passive DST investments. Specifically, the Property will serve as one of what is now three foundational assets to Cove Capital’s latest investment offering: Cove Essential Net Lease 25 DST, a regulation D, Rule 506c private placement (the “Offering”).

The acquisition of the Property reinforces Cove Capital’s dedication to providing 1031 investors with an assortment of debt free net-leased DST offerings with what we believe to be strong and enduring tenants*. Cove Capital and its affiliates take pride in the acquisition of quality assets like the Property and look forward to utilizing the Property, and other properties like it, to serve the investment and 1031 exchange needs of many more high-net-worth investors to come.

LOS ANGELES, March 10, 2021 (GLOBE NEWSWIRE) -- Cove Capital Investments, LLC (“Cove Capital”) and its affiliates are pleased to announce the acquisition of a Walgreens pharmacy net lease asset located in Johnson City, Tennessee (the “Property”).

Built in 2008, the Property is slated for one of Cove Capital’s popular Delaware Statutory Trusts (“DSTs”), which offers investors seeking to mitigate risk* the opportunity to easily invest and participate in 1031 exchange passive DST investments. Specifically, the Property will serve as one of what is now three foundational assets to Cove Capital’s latest investment offering: Cove Essential Net Lease 25 DST, a regulation D, Rule 506c private placement (the “Offering”).

The acquisition of the Property reinforces Cove Capital’s dedication to providing 1031 investors with an assortment of debt free net-leased DST offerings with what we believe to be strong and enduring tenants*. Cove Capital and its affiliates take pride in the acquisition of quality assets like the Property and look forward to utilizing the Property, and other properties like it, to serve the investment and 1031 exchange needs of many more high net worth investors to come.

LOS ANGELES, March 04, 2021 (GLOBE NEWSWIRE) -- Cove Capital Investments, LLC (“Cove Capital”) and its affiliates are pleased to announce the acquisition of the Family Dollar retail store located in Uniontown, Alabama (the “Property”).

With approximately 9,180 rentable square feet, the Property is part of a growing portfolio of debt free net-leased properties held in Cove Net Lease Income Fund 18, LLC, a regulation D, Rule 506c private placement, which offers high-net-worth investors the opportunity to easily invest and participate in a diversified* portfolio of net lease properties with long-term leases to high quality tenants. Through acquisition of assets like the Property, Cove Net Lease Income Fund 18 focuses on acquiring, owning, and actively managing income producing net lease industrial, medical and retail properties throughout the United States leased to corporations that performed well during the Great Financial Crisis as well as during the COVID-19 pandemic*.

The acquisition of the Property reinforces Cove Capital’s dedication to providing investors exposure to an assortment of net-leased properties with what we believe to be strong and enduring tenants on an all-cash/debt-free basis. Cove Capital and its affiliates take pride in the acquisition of quality assets like the Property and look forward to purchasing similar debt free net lease properties for both its debt free net lease funds as well as debt free 1031 exchange Delaware Statutory Trust (DST) programs.

LOS ANGELES, March 02, 2021 (GLOBE NEWSWIRE) -- Cove Capital Investments, LLC (“Cove Capital”) and its affiliates are pleased to announce the acquisition of a CVS pharmacy in Muncie, Indiana (the “Property”).

With approximately 10,707 rentable square feet, the Property is part of a growing portfolio of debt free net-leased properties held in Cove Net Lease Income Fund 18, LLC, a regulation D, Rule 506c private placement, which offers high-net-worth investors the opportunity to easily invest and participate in a diversified* portfolio of net lease properties with long-term leases to high quality tenants. Through acquisition of assets like the Property, Cove Net Lease Income Fund 18 focuses on acquiring, owning, and actively managing income producing net lease industrial, medical and retail properties throughout the United States leased to corporations that performed well during the Great Financial Crisis (GFC) as well as during the COVID-19 pandemic*.

The acquisition of the Property reinforces Cove Capital’s dedication to providing investors exposure to an assortment of net-leased properties with what we believe to be strong and enduring tenants on an all-cash/debt-free basis. Cove Capital and its affiliates take pride in the acquisition of quality assets like the Property and look forward to purchasing similar debt free net lease properties for both its debt free net lease funds as well as debt free 1031 exchange Delaware Statutory Trust (DST) programs.

LOS ANGELES, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Cove Capital Investments, LLC (“Cove Capital”) and its affiliates are pleased to announce the acquisition of a Dollar General net lease asset located in Sanderson, Florida (the “Property”).

Recently built in 2018, the Property is slated for one of Cove Capital’s popular Delaware Statutory Trusts (“DSTs”), which offers investors seeking to mitigate risk* the opportunity to easily invest and participate in 1031 exchange passive DST investments. Specifically, the Property will serve as the first of what is expected to be three foundational assets to Cove Capital’s latest investment offering: Cove Essential Net Lease 25 DST, a regulation D, Rule 506c private placement (the “Offering”).

The acquisition of the Property reinforces Cove Capital’s dedication to providing 1031 investors with an assortment of debt-free net-leased DST offerings with what we believe to be strong and enduring tenants*. Cove Capital and its affiliates take pride in the acquisition of quality assets like the Property and look forward to utilizing the Property, and the ensuing properties expected to be added to the Offering, to serve the investment and 1031 exchange needs of many more high-net-worth investors to come.

LOS ANGELES, Feb. 04, 2021 (GLOBE NEWSWIRE) -- Cove Capital Investments, LLC (“Cove Capital”) and its affiliates are pleased to announce the acquisition of the Fresenius Medical Care dialysis facility located at 704 Belle Terre Blvd., LaPlace, Louisiana 70068 (the “Property”). The Property was acquired on December 31, 2020.

The Property is a net-leased asset held in one of Cove Capital’s popular Delaware Statutory Trusts (“DSTs”), which offers investors seeking to potentially mitigate risk, the opportunity to easily invest and participate in 1031 exchange passive DST investments. Specifically, the Property constitutes the single asset in Cove Capital’s latest medical net-lease investment offering: Cove LaPlace Dialysis 26 DST, a regulation D, Rule 506c private placement.

As Cove Capital continues to grow, the company remains unrelenting in its dedication to providing 1031 investors with an assortment of quality net-leased properties with what we believe to be strong and enduring tenants, including tenants in the medical industry such as Fresenius Medical Care. Accordingly, the Property, and its accompanying offering, represent the latest endeavor of Cove Capital into the medical net-lease offering space and serve to grow the ever-expanding line of DST offerings Cove Capital offers to investors.

Cove Capital and its affiliates take pride in the acquisition of quality assets like the Property and look forward to utilizing the Property, and many others like it, to serve the investment and 1031 exchange needs of many more investors to come. For further information, please contact Cove Capital at (855) 463-7428 or via email at info@covecapitalinvestments.com.

Cove Capital Investments says it has acquired the facility located at 704 Belle Terre Blvd for $4.69 million. The transaction represents the latest endeavor of the California-based firm into the medical net-lease offering space and intent to grow its line of DST offerings Cove Capital offers to investors.

The property is a net-leased asset held in one of Cove Capital’s Delaware Statutory Trusts, which offers investors seeking to potentially mitigate risk the opportunity to invest and participate in 1031 exchange passive DST investments, a news release said.