Your 1031 DST Authority
Cove Capital
Firm Overview
Cove Capital Investments has built a distinctive franchise on a single contrarian premise: debt-free DSTs. Founded in 2012 by Dwight Kay and Chay Lapin, the firm structures all-cash offerings that carry no mortgage risk—eliminating the lender-driven loss scenarios that have tripped up leveraged DSTs in downturns—across net-lease, industrial and multifamily assets. With more than $958 million in sponsored transactions across roughly 129 assets, principal co-investment in every offering, and optional (rather than mandatory) 721 UPREIT exits, Cove markets capital preservation and alignment to a largely repeat base of 2,600-plus investors. The zero-leverage model caps upside but is precisely the point for its risk-averse clientele.
Offerings from this Sponsor
No active offerings from this sponsor at this time.
Track Record Summary
Realized Track Record
0 full-cycle investments
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For informational purposes only; not an offer to sell or a solicitation of any security. Sponsor track record — including full-cycle deals, average annual return, equity multiple, hold period, and success rate — describes the sponsor's prior programs, is provided by or derived from the sponsor, and is not indicative of the results of any current or future offering. Offerings are made only to verified accredited investors by means of a confidential private placement memorandum. Baker 1031 Investments is independent and sponsor-agnostic.