News

Pauls Place 5K/1M Race

Cove Property Management was a Silver Sponsor for the annual 5k fundraising event with Paul’s Place. On Saturday, November 9th we had 9 employees take part in the Huff & Puff 5K/1M, at the Carroll Park Golf Course. It was a great event for a great cause!

Paul’s Place is a catalyst and leader for change, improving the quality of life in the Southwest Baltimore communities. Paul’s Place provides programs, services, and support that strengthen individuals and families, fostering hope, personal dignity and growth.

MMHA Gold Star Award Winner – Greg Swietkoski

On October 10th 2019, many employees of Cove Property Management attended the MMHA Star Awards. Congratulations to Greg Swietkoski, he won the GOLD STAR AWARD for Service Supervisor of the YEAR. Greg is our Service Supervisor at Somerset at Towson and has been an integral team member with Cove since Sept 2014. We are all very proud of Gregs award and commitment to proving excellent service to our residents. Way to go Greg!

Cove Property Management adds The Morgan to its growing portfolio

Cove Property Management announces the acquisition of The Morgan, a 127-unit apartment community in North Bethesda. This community is adding to our growing portfolio of properties managed in the Baltimore-Washington, DC metro area. All 127 apartments at The Morgan are two-bedroom units with an average size over 1,100 square feet, while 43 units feature a den and/or loft. With both attached and detached garages on property, there are plenty of additional storage for residents to take advantage of.  Continue reading

Cove Property Management to purchase the Spa Cove Apartment complex in Annapolis

The 178-unit complex sold for $31,293,200 or $176,366 per unit, according to public record documents.

Originally constructed in in 1966, the rental property consists of one-bedroom/one-bath units to four-bedroom/two-bath units, with sizes ranging being between 780 to 1621 square feet.

At the time of sale the property was approximately 88% occupied. The buyers foresee opportunities to add value through upgrades and filling vacancies. With the acquisition of Spa Cove Apartments, Cove Property Management continues to expand its portfolio of managed multifamily properties in Maryland and New Jersey.

William Roohan and Martha Hastings of CBRE represented the seller in the deal.