novo-properties
Acquires, develops, and manages multi-family apartment communities.
Company facts
- Founded
- 2003
- Employees
- 48
- Headquarters
- United States
- Type
- Private
- Funding
- Private Equity · $22.3M · 2024
- Subsidiaries
- NOVO Capital Partners, Novo Management Corporation, Novo Development Corporation
About
Novo Properties is a real estate investment and property management company that strategically acquires, develops, and manages multifamily assets within core urban markets across the United States. The company operates a portfolio of Class A apartment communities, focusing on delivering exceptional living experiences for residents while maximizing value for investors and stakeholders. With properties spanning Washington, DC, Northern Virginia, Suburban Maryland, Chicago, Illinois, and Cambridge, Maryland, Novo Properties has established itself as a significant player in the multifamily housing sector. The company distinguishes itself through its commitment to innovation, customer service, and industry best practices in property management. Novo Properties provides comprehensive services including property acquisition, development, and professional management, striving to be a best-in-class operator in the multifamily industry. The organization emphasizes creating communities where residents are proud to live, focusing on quality maintenance, effective leasing strategies, and responsive resident services. By combining deep industry knowledge with an innovative approach, Novo Properties aims to maximize income, capital appreciation, and growth for customers, investors, and team members alike.