Who we are...

Mission Statement

To manage income-producing properties, improve the operating performance and create value for our investors through hands-on property management. Our proactive management approach is centered on the commitment to exceed the expectations of our residents and clients in the delivery of services.

Ownership Approach to Management

Cove Property Management, AMO ® (Cove) was formed in 2008, by Douglas Margerum, CPM® and Stephen D. Margerum, CPM®, ARM® in order to provide first class property management to a select portfolio of multifamily properties in the Mid-Atlantic market.

Cove offers a full suite of property management services, led by a highly qualified team and driven to be responsive, proactive and thoughtful. We approach each investment from an owner’s perspective because we are owners.

Currently Cove’s portfolio includes fifteen apartment communities in the Maryland, Washington D.C. metro, New Jersey areas totaling 2100+ apartment homes.

Our current portfolio includes the following property types:

  • Conventional Apartments
  • LIHTC Tax Credit Financed
  • Student Housing
  • Mixed Use / Commercial
  • Independent Senior Living
  • Military Housing
  • Association Management

When you hire Cove, you hire the Principals. We are Certified Property Managers and owners of multifamily properties, who are focused on the daily management of your property.

Equal Housing Opportunity

We pledge to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.

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