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Since forming last month, Historic Holdings has acquired six multifamily and commercial buildings in its home base of Chattanooga.

New Chattanooga Investment Firm Buys 6 Historic Properties

Since forming in May, Historic Holdings has acquired six multifamily and commercial buildings in its home base of Chattanooga.

Robert Fisher organized Historic Holdings with partners Bo Ferger, Dan LeVan, Saurahb Patel, and Perry Underwood. The group purchased a block on Fountain Square that includes the Hardwick Hogshead apartments and the Fitzgerald Apartments for $17 million. It includes two commercial properties between the two apartment buildings with 18,472 square feet or restaurant and commercial space. Historic Holdings also purchased nearby downtown properties Eight59 Flats for $3 million, and the Fort Wood Apartments for $6.5 million.

The properties are more than 97-percent leased, and two of them are listed on the National Register of Historic Places. SVN Second Story manage the properties.

The portfolio was purchased from private investment firm Enclave Holdings, based in Raleigh, NC. Enclave paid $11 million for the Fountain Square block in 2018.

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Robert Fisher

About Angela Noote

Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.

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