NOVO Properties Announces New Fairfax, VA Acquisition

  Washington, DC – May 2018   NOVO Properties (NOVO) is pleased to announce the acquisition of 10805 Harvey Drive, a 60-unit multi-family property in Fairfax, Virginia. 10805 Harvey Drive (Cardinal Court) was acquired in March 2018 with the intent of renovating the apartments and common areas.  Cardinal Court is located in the heart of […]

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NOVO Properties Announces New NE, DC Acquisition

Washington, DC, April, 2018   NOVO Properties (NOVO) is pleased to announce the acquisition of 315 – 325 Franklin Street, a 76-unit multi-family property in NE Washington, DC.   315 – 325 Franklin Street (Panorama Courts) was acquired through a bankruptcy sale of Franklin Street Associates, a Sanford Capital affiliated property.  NOVO agreed to implement […]

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NOVO Properties Announces New DC Acquisition

NOVO Properties Announces New DC Acquisition   Washington, DC, March, 2018   NOVO Properties (NOVO) is pleased to announce the acquisition of 1825 Maryland Avenue NE, a 25-unit multi-family property located in NE Washington, DC.   1825 Maryland Avenue NE is located just to the east of the rapidly developing H Street Corridor.  Convenient to […]

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NOVO Properties Announces New DC Acquisition

Washington, DC, March, 2017 NOVO Properties (NOVO) is pleased to announce the acquisition of 1820 Irving Street NE, a 15-unit multi-family property located in NW Washington, DC. 1820 Irving Street is located adjacent to the quickly developing Rhode Island Avenue corridor in Northeast, Washington, DC. This property complements NOVO’s existing portfolio of multifamily properties in […]

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NOVO Properties Announces New DC Acquisition

Washington, DC, March, 2017 NOVO Properties (NOVO) is pleased to announce the acquisition of 310 Hamilton Street, NW, a 17-unit multi-family property located in NW Washington, DC. 310 Hamilton Street is located in the desirable Petworth submarket. This property is located just across the street from the Washington Latin school and blocks away from the […]

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Planning Board To Vote on High-Rise Project at Former Steamers Site in Bethesda

Montgomery County planners are expected to vote Thursday on a developer’s proposal for a 58-unit high-rise on the former site of Steamers Seafood House in Bethesda. Planners earlier this week talked about the project to construct a 110-foot building called the Claiborne at the intersection of Auburn and Norfolk avenues. Steamers was open for 19 […]

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NOVO Properties Announces New DC Acquisition

  Washington, DC, November, 2016   NOVO Properties (NOVO) is pleased to announce the acquisition of 1440 Chapin Street, NW, a 28-unit multi-family property located in NW Washington, DC.   1440 Chapin Street is an exciting acquisition for NOVO as it increases the Company’s presence in a neighborhood with great growth potential. Just five blocks […]

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NOVO Properties Announces Acquisition of old Steamers Restaurant in Bethesda

  Washington, DC, June 28, 2016   NOVO Properties (NOVO) is pleased to announce that is has closed on the former Steamers Restaurant (Steamers) located in the Woodmont Triangle of Bethesda, MD.   This is NOVO’s first acquisition in Bethesda. NOVO is currently proposing a mixed-use building with approximately 2,800 square feet of ground-floor retail […]

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NOVO Properties Announces New Chicago Acquisition

  Chicago, IL, February 3, 2016   NOVO Properties (NOVO) is pleased to announce the acquisition of 6720 South Jeffrey Boulevard, an 82 unit multi-family property located in the South Shore of Chicago. 6720 S. Jeffrey is NOVO’s seventh acquisition locally, bringing the Company’s total unit count in Chicago to 350. NOVO acquired the property […]

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NOVO Properties Announces Growth of Third Party Property Management Division

  Washington, DC, January 12, 2016   NOVO Properties (NOVO) is pleased to announce the continued growth of their Third Party Management division, with the appointment of Jeff Goldshine to Partner, Management Services. Under Jeff’s leadership, NOVO will expand its existing property management platform to better serve institutional and private ownership. Jeff will lead this […]

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