Elevation Capital Group Announces The Return Of $2 1 Million To Fund 3 Investors
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Elevation Capital Group Announces The Return Of $2 1 Million To Fund 3 Investors
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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ORLANDO, Fla., Feb. 16, 2021 /PRNewswire/ Orlando-based real estate investment company, Elevation Capital Group, and its affiliates, ( Elevation ) has announced that MHPI V, LLC ( Fund 5 ) has returned in excess of $5,200,000 to its members since December 2020. Fund 5 is Elevation s fifth investment vehicle in its current portfolio of eight offerings. Fund 5 closed to new investors in 2017.
As a result of recent events, Fund 5 has returned more than 50% of the original invested capital to investors, excluding income distributions. Fund 5 invested in funds comprised of both self-storage assets and manufactured housing communities in markets across the country. We are happy for our Fund 5 investor family. Since its formation in 2015, our goal for Fund 5 has been to be in a position to provide both quarterly income distributions and ultimately return of capital to investors. We are pleased with the progress Fund 5 has made to dat