Cove welcomes Towson Woods to its growing portfolio

Effective January 1st 2018, Cove Property Management assumed management of Towson Woods Apartments, 168 apartments located on Kenilworth Ave, directly across the street from the newly renovated The Shops at Kenilworth and Trader Joes.

In the heart of Towson, the spacious apartments of Towson Woods offer a combination of comfort and convenience unparalleled in the area. Continue reading

Caitlin Shrum of Cove Property Management has received her ARM designation

We are proud to announce that Caitlin Shrum of Cove Property Management has received her ARM designation and pin during the IREM Chapter 16 December meeting. Catilin has worked tirelessly as Assistant Manager of Villas at Greenview and Park Villas in St. Mary’s county since 8/1/2013. The ARM designation, which is only earned through hard work and experience as a residential real estate manager, further shows Caitlin’s demonstrated excellence, effectiveness, and vision of an even better career. Those who hold the ARM certification find that their investment has elevated their career, personal growth, and respect within the industry. Congratulations to Caitlin!

For more information on the ARM designation, please click on the following link:

Stephen Margerum elected as the vice president of MMHA

The Maryland Multi-Housing Association, which represents providers of rental housing and professional residential services, has elected officers for its board of directors.

Keith Gillan, president of Murn Management, was elected president of the board. Stephen Margerum, founder of Cove Property Management, is the new vice president; Steve Weidner, president of Carpet Consultants, is now treasurer; and Patrick Butler, a vice president at Bozzuto Management, has been elected secretary.

The Maryland Multi-Housing Association serves the multi-housing industry and our communities by promoting and maintaining the highest professional standards of excellence.

Keith Gillan, Stephen Margerum, Steve Weidner and Patrick Butler | MMHA



Cove Property Management (Cove) and Advantage Properties (Advantage) announced the acquisition of the eaves Rockville, a 210-unit townhome/apartment community in Rockville, adding to their growing portfolio of properties they own and manage in the Baltimore-Washington, DC metro area. The residential complex, which will be renamed Villas at Rockville, represents their largest purchase to-date and the largest equity raise in the company’s history. The principals of each company will own the property in a newly created entity where Cove will provide property management services and Advantage will provide asset management services.

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Stephen Margerum Honored with Professional Achievement Award

On October 21st, Stephen Margerum was honored at the Institute of Real Estate Management (IREM®) Fall Conference in San Diego with its Professional Achievement Award.  The award recognizes individuals who have earned an IREM-conferred credential who (1) have continued on with their professional development activities and (2) have realized outstanding professional accomplishments beyond earning their IREM credential.

Honorees must meet specific award criteria and document them in writing. As well, they must be endorsed by their local IREM® chapter and be approved by IREM’s Membership & Credentialing Committee.

“On behalf of IREM®, thank you for your dedication to our organization and to the industry.”

To lear more about the Professional Achievement Award, please visit: