Cove Capital Investments, LLC, a sponsor of securitized 1031 exchanges and other private real estate investment offerings, has appointed Corey Nolen as vice president of wholesale distribution.
In his new role, Nolen will lead Cove Capital’s intermediary sales efforts by providing sales and marketing visibility to industry broker-dealers, registered representatives, and registered investment advisors.
Nolen, who has more than a decade of industry experience, spent eight years at Wealthforge, most recently as director of client success, where he led the firm’s onboarding efforts by growing day-to-day relationships with alternative investment sponsors, independent broker-dealers, and registered investment advisors. While representing his former firm, “Nolen helped WealthForge Securities process in excess of 8,000 transactions representing more than $2 billion in alternative investments,” Cove Capital said.
“As Cove Capital continues to grow our selling group, base of accredited investors and industry appeal for our portfolio of high-quality all-cash/debt-free DSTs and real estate fund investments, we feel now is a perfect opportunity to increase awareness of our offerings within the broker-dealer and RIA communities with the addition of Corey. Corey brings the right balance of experience, integrity, industry relationships, and focus on success for our selling group members and investors,” said Chay Lapin, managing member and co-founder.
Nolen holds a bachelor’s degree in economics from the Robins School of Business at the University of Richmond and a master’s degree in business administration from William & Mary School of Business.
In other company news, Cove Capital recently purchased a net-lease industrial logistics property located near downtown Idaho Falls, on behalf of one of its DST offerings.
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.
The firm has reportedly sponsored and co-sponsored the syndication of more than 2.3 million square feet of 1031 DST and real estate offerings in the multifamily, net lease, industrial and office sectors.