Cove Capital Expands Acquisition Team

Cove Capital Investments LLC, a sponsor of Delaware statutory trusts and other real estate investment offerings, appointed a new vice president of retail acquisitions.

Cove Capital Investments LLC, a sponsor of Delaware statutory trusts and other real estate investment offerings, appointed Dennis Younes vice president of retail acquisitions.

Younes will lead Cove Capital’s multitenant acquisition efforts by pursuing value-add opportunities nationwide. Specifically, Younes will oversee all aspects of value-add retail acquisitions including identification, financial modeling, valuation analysis, asset due diligence, deal structuring and transaction execution. He will also be responsible for managing acquired assets, including executing value-add or lease-up business plans.

“Dennis brings an incredible amount of commercial real estate experience to Cove Capital, including negotiating nearly 2,000 lease agreements for retail, medical, office and industrial users,” said Dwight Kay, managing member and co-founder of Cove Capital. “In addition, Dennis brings a deep understanding of multitenant development, having developed 1.6 million square feet of new shopping centers valued at $1.77 billion.”

Younes has more than 20 years of experience in commercial real estate acquisitions. Before joining Cove Capital, Younes was a director of leasing for Whitestone REIT Corporation (NYSE: WSR), a publicly traded real estate investment trust operating throughout Texas.

Younes received a bachelor’s degree in construction and engineering from Arizona State University and an MBA from the University of Phoenix.

The Cove portfolio now consists of more than 1.5 million square feet of multifamily, industrial, medical and net lease assets.

Cove Capital Investments is a private equity real estate firm providing accredited investors access to 1031 exchange-eligible Delaware statutory trust properties, as well as other real estate investment offerings. The team consists of acquisitions, asset management, accounting, due diligence, in-house counsel, investor relations, marketing and capital markets.

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