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Integrity
Excellence
Asset Quality
Risk Mitigation

Introducing Sovereign Properties — offering fully-integrated investment opportunities in the multi-family development arena.

Our Communities

Browse our growing stable of over 5,000 sponsored  apartments. Learn More >

Multi-Family Investing

Sovereign Properties’ Principal Russ Krivor has been investing in the multi-family development arena since 2004. Learn More >

Contact Us

To learn more about Sovereign Properties, please contact us.

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Sovereign Properties © 2022, All Rights Reserved | Terms of Use

The information on this website does not constitute an offer to sell, or the solicitation of an offer to buy, any securities. Interested parties qualifying as "accredited investors" under federal law may contact us for further information about investment opportunities.

Asset Quality

Community Pool at Regalia Bella Terra, Sovereign Properties
Interior Shot of Amenity Center at Millennium at West End, Sovereign Properties

  • We outfit our communities with the leading interior design packages which results in the highest rents achieved among comparable assets in our markets.
  • We select the most up-to-date, top tier amenity packages, including:
    • Basketball courts
    • Golf simulator
    • Dog run and dog washes
    • Automated smart package and locker systems
    • Bluetooth technology features including Nest thermostats and Amazon Alexa integrations
    • Custom wood cabinetry with soft-close features
    • Quartz countertops
    • Frameless showers
    • USB outlets throughout units
Risk Mitigation
  • We work with third-party, quality general contractors with a well-established presence in our markets and sound financials.
    • We obtain Guaranteed Maximum Price (“GMP”) contracts from qualified, well-established general contractors.
    • Many developers self-perform GC work in order to to maximize fees, creating a conflict of interest. Instead, Sovereign hires an independent general contractor and employs an owner’s representative for each construction project to hold the contractor accountable.
  • We require all of our general contractors to procure a payment bond and a performance bond to safeguard the contractor, the project, and our investors.
    • A payment bond is a guarantee that the contractor will pay all laborers, material suppliers, and contractors per contractual obligations.
    • A performance bond is a surety bond that is issued by a bank or major insurance company to guarantee satisfactory completion of a project by a contractor. It protects the owner in case the contractor fails to complete the contractual obligations. If the obligations are not met, the surety company will step in and pay the claim.
  • We carry the most comprehensive insurance packages in order to protect our investors, including General Liability and Builders Risk insurance.
Integrity
  • Sovereign’s success is driven by relationships built upon mutual trust, responsibility, and integrity.
  • Clear communication and transparency are integral to our business.
  • We engage one of the nation’s Top 20 audit and accounting firms to perform quarterly reviews and annual audits of our books and records.
  • We utilize a secure online CRM platform to store investment documents, track financial performance, and communicate with our investors in real time.
Excellence
  • Three tiers of quality control are employed across every Sovereign project:
    • Highly qualified third-party general contractor
    • Independent waterproofing consultant
    • Third party quality control/quality assurance firm.