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Cove Capital Acquires Fresenius Medical Care Dialysis Facility in New Orleans
Cove Capital Investments, LLCFebruary 4, 2021 GMT
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, Ru
New U.K. Exchange Tests Waters on Public Market for Single-asset Real Estate The British International Property Securities Exchange will allow trading of companies owning single institutional grade real estate assets.
The British International Property Securities Exchange (IPSX) is the world first regulated stock exchange dedicated to the initial public offering and secondary market trading of companies owning single institutional grade real estate assets. Its first IPO is set to go live by year s end, which will give the IPSX a real world test in its attempt to offer a new way to invest in the real estate market. If the model catches on, exchange founders have even bigger plans to take their the idea global with their sights set on Europe, Asia and North America for other exchanges down the line.