Nova Asset Managment

Nova Asset Management is a Houston-based real-estate operator specializing in managing a sizable portfolio of multifamily apartment communities and office buildings across the Greater Houston area. With over 6,000 residential units under management and a workforce of around 250 employees, Nova manages everything from leasing and maintenance to resident services — offering end-to-end property operations under its residential communities and “713-Offices” brand.

Rather than functioning as a typical syndicated investment fund or institutional sponsor, Nova’s business model is focused on long-term ownership and direct operation of rental properties. Their emphasis is on day-to-day management: maintaining occupancy, providing consistent resident services, and handling office and residential leases/amenities. This operational-first model allows them to cater to residents and tenants directly rather than outside investors, making them more akin to a traditional landlord/property manager than a fund manager.

Because Nova Asset Management is not structured as an investment fund, they do not publish standard performance statistics like IRR or AAR. Their value proposition lies in stable rental income generation through well-managed properties, consistent occupancy, and professional property operations — rather than in fund-based returns or investor distributions. For someone evaluating them as a potential property manager or looking at their properties as tenants, Nova offers scale, experience, and a broad footprint in Houston real-estate.