Novu Residential Group

March Madness in Jacksonville @The Palmhouse! ? Summit Contracting Group Inc. is great at managing the controlled chaos, and we are excited to have our Clubhouse open in April. The RangeWater Real Estate team is looking forward to hosting our newest residents on upcoming tours of the club, amenities and first units.?? ? The Novu Residential Group team has been working hard to ensure every little and last detail reflects our commitment to quality and innovation. A huge thank you to our partners, contractors, and everyone involved for their dedication and expertise — none of this would be possible without you! Stay tuned for more updates as we get closer to completion. We can’t wait to open the doors to this incredible new community! Patrick Jackson Anthony Sorace Eric Christian Bo Flurry #multifamilydevelopment #multifamilyinvestment #jacksonvilleFL

Congrats to our partners and team on the recent acquisition of Village at Grants Mill, a 200 unit property located in a growing location near Birmingham's economic drivers. The property offers our residents top-tier amenities, modernized homes, and close proximity to downtown employers and retail options in Mountain Brook and Irondale. We are as equally excited by offering our investors an opportunity to acquire a strong cash flowing asset well below replacement cost, with assumable fixed rate financing, and strong growth potential. #multifamily # Novu Residential Group Bo Flurry

Things are happening at the Woodley Apartments in Hoover! www.thewoodleyapts.com Patrick Jackson Eric Christian Bo Flurry

Thrilled to have successfully closed this transaction! A huge thank you to our incredible investment partners, the seller, Harvest Property Managment, Harbert Multifamily Advisors and CommerceOne Bank for their collaboration and support throughout the process. We’re excited to begin enhancing the property and creating a top-tier living experience for our residents. Stay tuned as we bring this vision to life! #RealEstateInvestment #CommunityBuilding #NovuResidentialGroup Bo Flurry Patrick Jackson Anthony Sorace https://lnkd.in/e5_7y7by

Celebrating a Year of Growth at Novu Residential Group! As we celebrate the New Year's holiday and 2024 comes to a close, we are proud to look back on an extraordinary year for Novu Residential Group. It has been a year filled with milestones, impactful achievements, and relentless dedication to delivering exceptional value to our investors, partners, and communities. Here’s a quick glance at some of our highlights: - 40% leased on our Nashville development, Theariatownhomes.com - Fully framed and 14 weeks ahead of schedule at our Jacksonville development, Livepalmhouse.com - Started construction on a 305 unit development in Dallas, the Casona - Closed on an existing acquisition/value add property in BHM/Hoover, Thewoodleyapts.com 2024 has been an incredible year, and it would not have been possible without the hard work and dedication of our talented team, as well as the trust and collaboration of our investors and partners. As we look forward to an even brighter 2025, we are more excited than ever to continue building exceptional communities, empowering residents, and shaping the future of residential living. #NovuResidential #Teamwork #Sustainability #RealEstate #Innovation #CommunityBuilding #2024Success #Growth #RealEstateDevelopment

Summit Contracting Group Inc. has been a great partner. Moving quickly! Get ready RangeWater Real Estate!

We continue to grow our team at Novu Residential Group and are thrilled to announce that Bo Flurry joined in July as Chief Investment Officer! Bo brings a wealth of expertise in the multifamily space, having spent the past twenty years in the brokerage of multifamily assets across the Southeast and with an extensive track record of closing more than 270 transactions totaling 50k units and $3.5 billion in value! Bo will leverage his experience, extensive relationships, and market knowledge to source appealing acquisition and investment opportunities that will provide superior returns for our capital partners. Please join us in giving Bo Flurry a warm welcome! We look forward to achieving great things together. #WelcomeToTheTeam #ReachOutIfYouWanttoJoinUs

?? Novu Residential Group Expands in Dallas-Fort Worth! ?? We're thrilled to announce the closing on a prime development site in Grand Prairie, TX, a vibrant submarket of the Dallas-Fort Worth metro area. This acquisition marks a significant milestone in our commitment to delivering exceptional living experiences across high-growth southeastern U.S. markets. This Class A+ development is strategically located at the crossroads of I-20 and the President George Bush Turnpike, where residents will enjoy short commutes to Dallas and Fort Worth's downtown business districts as well as walkability to hot spots like Top Golf, Bass Pro, and EpicCentral, a Texas-sized high-end lifestyle and retail development. Spread across seven four-story buildings, this project will offer a wealth of amenities, including: ?? Over 10,000 square feet of interior club space ?? A resort-style pool ??Over 35 acres with walking trails ???Dog park and pet spa ??? Elevator access ?? Outdoor firepits ???Putting greens ?? Pickleball facilities A big thanks to our partners,?Pivotal Residential, Fifth Dimension Architecture & Interiors, llc, RAH Contractors, Inc, Parse Capital, LLC, Berkadia, Trustmark Bank, Bank of Texas, and Vistia Capital for helping to get this one across the finish line. Stay tuned for more updates as we break ground on this exciting new chapter in Grand Prairie! #DFWRealEstate #MultifamilyDevelopment #GrandPrairieTX #LuxuryApartments #NovuResidentialGroup #InvestmentOpportunities #MultifamilyInvesting #RealEstateInvestment

?? Exciting News from Music City! ?? We're thrilled to share a major milestone at one of our newest multifamily developments in downtown Nashville.?The first leases are signed, and residents will be moving into their stunning new townhouses starting in early August! This project reflects our commitment to creating vibrant living spaces in thriving southeastern markets.?The property boasts a mix of three and four-bedroom townhouses, each meticulously designed with modern touches and premium amenities.?And let's not forget those incredible Nashville skyline views! ??? A big shout out to the hard work and commitment of our construction team on the project, Signature Homes, our property management team, SPM Property Management, and our development partner, Pivotal Residential. If you're interested in learning more about our future development plans or investment opportunities, we'd love to connect! #NovuResidential #NashvilleRealEstate #MultifamilyDevelopment #InvestmentOpportunities #MultifamilyInvesting #RealEstateInvestment

The foundation is set! Our team has successfully completed the pouring of building pads, marking a significant step forward in our project in Jacksonville, Florida. We have received our first lumber drop and are gearing up to begin framing. The site is buzzing with activity as we move closer to bringing this development to life. Stay tuned for more updates as we continue to make strides on this exciting journey. A big thank you to our dedicated team (Summit Contracting Group | We're Hiring!) and our partners (First Horizon Bank and Parse Capital, LLC) for their hard work and commitment. #NovuResidentialGroup #JacksonvilleFLMultifamily #JacksonvilleFLDevelopment #MultifamilyHousing #ConstructionProgress #RealEstateDevelopment