Nova Georgia Develops Rental Portfolio
Bedford, N.S.-based Nova Georgia Properties Ltd. has closed a $640,000 property acquisition in Georgia – another step in its drive to build up a portfolio of residential real estate in the southeastern U.S.
CEO Jamie Nicoll said in an interview the company founded in 2010 has so far built up a stock of 115 properties in Georgia, and intends to continue acquiring until it develops a portfolio that extends from Florida to Tennessee. As the management and board assess strategy, they are considering taking the company public, which would allow it greater liquidity and help to attract