Novu Residential Group

About Novu Residential Group

Novu Residential Group is a real estate operator. Novu Residential Group operates in Jacksonville, Florida and Nashville, Tennessee. Its investment focus is on Multifamily - Ground-up, Multifamily - Value-Add and Workforce Housing.

Novu Residential Group, headquartered in Birmingham, Alabama, is a real estate development firm specializing in sourcing, constructing, and managing multifamily residential communities across the Sun Belt. The company operates in high-growth markets, including Texas, Florida, Arizona, and other states throughout the southeastern and southwestern United States. Novu focuses on ground-up development projects, often featuring resort-style amenities in garden-style apartment communities. The firm leverages a team with over 75 years of combined experience and has been involved in transactions exceeding $5.5 billion. Its development portfolio includes more than 63,000 units, emphasizing multifamily housing and strategic investments in dynamic, high-demand markets​.

Principals at Novu Residential Group

Recent activity at Novu Residential Group

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Novu Residential Group's project portfolio

No projects on file for Novu Residential Group yet.

Markets and themes

Markets Novu Residential Group operates in

• Jacksonville, Florida
• Nashville, Tennessee

Investment themes at Novu Residential Group

• Multifamily - Ground-up
• Multifamily - Value-Add
• Workforce Housing

Capabilities

• Asset Management
• Brokerage
• Construction Management
• Custom Homes
• High-Rise
• Urban infill

Operators similar to Novu Residential Group

• The Shelter Companies
  Emerging tierNashville, TennesseeJacksonville, FloridaMultifamily - Ground-upWorkforce Housing+1 more theme
• The Bainbridge Companies
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• Trevato Development Group
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• Columbia Ventures
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• Doradus Partners
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• AGB Real Estate
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• HY Ventures
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• Space Craft
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• Shelter Asset Management, LLC
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• Headwaters Group
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Frequently asked questions about Novu Residential Group

What does Novu Residential Group do?

Novu Residential Group, headquartered in Birmingham, Alabama, is a real estate development firm specializing in sourcing, constructing, and managing multifamily residential communities across the Sun Belt.

What markets does Novu Residential Group operate in?

Novu Residential Group is active in Jacksonville, Florida and Nashville, Tennessee.

How many employees does Novu Residential Group have?

Novu Residential Group has 2–10 employees.