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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