Creating value through stringent acquisition guidelines and common sense management
Nova Georgia Properties Limited and it’s subsidiaries have set themselves apart with their buy and hold strategy for multi-family residential rental property. With a focus on quality of cash flow and location, a strong portfolio continues to be assembled in the Southeast US Real Estate market. The company’s growth strategy will continue to be focused on the States of Georgia, South and North Carolina and North Florida, capitalizing on smaller markets, in each of those States. Nova Georgia Properties Limited wants to continue to be a larger fish in a smaller pond. These markets have a tendency to offer greater returns for dollars invested with less competition on the acquisition side.
The experienced Acquisition Committee of the company has established specific criteria for qualifying purchase opportunities introduced by the network of contacts. They have shared this strategy, thus reducing the time spent reviewing marginal and challenging property acquisitions. The company since 2008 has developed a strong reputation of being a professional and serious purchaser of acquisitions in the transaction range of 1-5 million.
Randy is President and CEO of Nova Georgia Properties Limited, President and CEO of Cove Capital NS Inc. in Dover, Delaware our US holding company, President and CEO of Southeast Realty Advisers and Managers Inc., a Delaware corporation licensed to do business in the State of Georgia, past Vice Chairman of the Independent Financial Brokers Association of Canada, past Commodore of Chester Yacht Club, and President of a number of US Condo Associations. Randy is a member of the Chester Chamber of Commerce, Halifax Chamber of Commerce in Nova Scotia, and a member of the Lakeland Lanier Chamber of Commerce, and the Covington Newton County Chamber of Commerce in Georgia. He is a founding member of the Nova Scotia Property Owners Association, Past Director of the Halifax/Dartmouth Real Estate Board, Past Chairman of Route Halifax/Saint Pierre Ocean Race Committee, Past Director of Armdale Yacht Club. Randy has participated in Canadian and International ocean racing for many years. He resides in Chester, NS and Covington, GA with his wife Lisa.